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Contract Hire Leased Vehicles Funding Options

Contract Hire Leased Vehicles Funding Options

Platts Fleet and Corporate Department offer a range of car financing options:

  1. Contract Hire
  2. Finance Lease
  3. Hire Purchase / Lease Purchase
  4. PCP (Personal Contract Purchase for Private individuals)

Hire Purchase / Lease Purchase Funding

Hire Purchase / Lease Purchase Funding

A straightforward repayment facility where you ultimately own the vehicle. Repayments are structured in a flexible way using initial payments and/or a ‘balloon’ (final lump sum).

Key Features and Benefits:

  • With ownership you have total control over the asset.
  • The vehicle is registered in the name of the company / customer.
  • Ownership normally carries the potential for claiming writing down allowances and or/capital grants, including any enhanced first year allowances.
  • VAT on the cost of the asset is normally reclaimable (Special rules apply to cars).
  • Fixed or Variable interest rate - you make your own assessment and choose accordingly.
  • The interest element of repayments can normally be offset against taxable profit*.
  • The asset appears on your balance sheet.
  • Monthly payments are not subject to VAT.

Hire Purchase / Lease Purchase Funding

Contract Hire Leased Vehicles Funding Options in Stoke on Trent and Stafford
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Contract Hire Leased Vehicles Funding Options

Please feel free to give Alex or Helen a call to discuss all of you fleet needs. You could make an appointment at your premises if you so wished. Please give us a few minutes of your time and we could save you hours of time and leg work to find the best deal for you.
Call now and give us a try.

Hire Purchase / Lease Purchase Funding
Contract Hire Leased Vehicles Funding Options :: Platts Fleet and Corporate Sales