Simply choose the deposit amount you wish to pay and the length of the repayment period.

Fixed monthly rentals for ease of budgeting

Monthly payments are not subject to VAT

No mileage restrictions

Taxation benefit from writing down allowance

Light commercials vans acquired on Lease Purchase should be eligible for the Annual Investment Allowance

Light commercials vans acquired on Lease Purchase are required to pay VAT upfront as a lump sum

Here's how it works: Step 1

During the repayment period, the amount you borrow plus the interest are repaid by fixed monthly payments. The interest charged is calculated at the beginning and is fixed for the length of the agreement.

Here's how it works: Step 2

The interest charged will remain unaffected by any future changes in interest rates, allowing you to plan your budget with confidence.

Here's how it works: Step 3

At the end of the agreement, subject to payment of a nominal Option to Purchase fee, you take outright ownership of the car.

Fixed monthly rentals for ease of budgeting

Lump sum or number of rentals as advance payment

Option to extend agreement into a ‘secondary' period for a nominal annual fee (peppercorn rental)

Option to include a deferred sum/final ‘balloon' payment to keep monthly costs low

Same tax relief as Contract Hire

50% VAT usually reclaimable on cars

100% VAT usually reclaimable on light commercials vans

Here's how it works: Step 1

You pay an initial deposit followed by a fixed number of monthly rental payments over an agreed contract period.

Here's how it works: Step 2

At the end of the term you can choose a further ‘secondary' lease of hire or dispose of the vehicle on our behalf and keep 100% of the proceeds (paid as a rebate of rentals). Any balloon taken will need to be settled at the end of the primary period.