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Hire Purchase is an on balance sheet method of financing vehicle fleets and its advantages vary according to each customer's needs and existing arrangements. It is most advantageous for companies operating expensive vehicles or those which are unable to recover VAT on monthly payments.

 

Key Benefits

bulletBalance Sheet treatment similar to Outright Purchase - automatic ownership
bulletAlternative Credit Line / Cash Flow Benefit
bulletCapital allowances available
bulletTax relief on the interest elements of the instalments
bulletFixed rate funding
bulletProvides equity in vehicle
bulletSimple, easy to operate

Pricing

Vehicle

Initial Payment 10% Deposit

Payment Per Month
Ford Fiesta 1.4 LX 3dr inc Metallic Paint £ 1092.63 £ 276.25
BMW 320 Sport inc Metallic Paint £ 3089.12 £ 705.97
Mercedes E500 Avant-garde Auto inc Metallic paint £ 4332.13 £ 1197.08

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Copyright © 2002 Fishergate Leasing
Last modified: 08/22/07 16:10