Business vehicle finance and leasing
Your choice of contract hire, contract purchase and hire purchase are all available to any business user, with little or no credit history, adverse or bad credit history, non status, CCJ’s or defaults.
If you are a sole trader, partnership, limited company or plc, yourcarchoice.com can offer help, information and independent advice on all aspects of vehicle finance, no matter what your company status.
Contract hire is the leasing of a vehicle, by a company, for a fixed period of time at a fixed (usually monthly) rental. The rental is calculated by taking the vehicle depreciation, length of contract, estimated mileage covered and any other service which you may require such as a maintenance package.
Contract Purchase is primerally for those who are not VAT registered or who wish perhaps to have the option to buy the car at the end of contract. This method of finance is suited to cars such as Porsche, Aston Martin, Jaguar, Audi, BMW etc.
Hire Purchase does not attract VAT and there is no balloon payment payable by the hirer at the end of the contract. As the whole sum financed is repaid over the period.
The choice of vehicle and the contract terms you choose can be flexible to meet the individual needs of your company. At the end of the agreed lease period the vehicle is returned to the contract provider or disposed of as a part exchange or sold on, this depends on the finance option you have taken.
If you are a "new start" company or have doubts about your company's eligibility, yourcarchoice.com can help you with the choice of vehicle and flexible contract terms.
- Choose any make or model of vehicle
- Choose new or used vehicles
- Accurate budgeting
- Off balance sheet funding
- No risk from residual values
