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Finance Rates from 4.1% Flat
Boat Finance rates from 6.25% APR
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Mitsubishi Colt Special edition 1.1 3Dr
£85 + VAT per month
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Kia Picanto
1.0S 5Dr
£95 + VAT per month
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Smart Fourfour
1.1 Purestyle 5Dr
£99 + VAT Per month
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Nissan Almera
1.5 SE 5Dr
£99 + VAT per month
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Seat Ibiza
1.2 Reference 3Dr
£105 + VAT per month
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VW Polo
1.2 E 55 3Dr.
£111 + VAT per month
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Skoda Fabia
1.2 Classic 5Dr.
£115 + VAT Per month
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Renault Modus
1.2 Authentique 5Dr.
£123 + VAT per month
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Mazda 6
2.0 Diesel TS 5Dr.
£201 + VAT per month
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Mitsubishi Grandis
2.0 DI-D 7 Seat MPV Classic
£249 + VAT per month
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Boat Finance rates from 6.25% APR
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Daihatsu Charade 1.0 EL 3Dr £135 + VAT
Based on Contract Hire non maintenance 3+35 10,000 miles p.a.
Contract Hire
Fixed term, fixed monthly cost with a low deposit. Deposit is normally termed as advanced rental and followed by a fixed number of subsequent rentals over a two/four year period. Rentals are subject to V.A.T.
Monthly rentals are calculated on the customer's annual mileage. Full maintenance including all routine servicing and breakdown repairs can be included in the contract for a fixed monthly cost as well as motor club membership. Available for VAT registered businesses only.
Tax Implications
On a passenger vehicle only 50% of the VAT is reclaimable unless the vehicle is solely for business use, then 100% is reclaimable. On commercial vehicles 100% VAT is reclaimable. Rentals can be offset against taxable profits. Does not show on balance sheet. The company car driver will pay 'benefit in kind' tax based on...
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Hire Purchase This option offers a flexible deposit, a flexible repayment period, and ownership of vehicle at end of agreement. Best suited to those customers looking for long term ownership of their vehicle. Personal Contract Purchase (PCP) This option is aimed primarily at those customers wishing to upgrade their vehicle on a regular basis. A PCP offers a flexible deposit, a flexible repayment period between 2 and 3 ½ years, and a settlement figure calculated on the day of purchase. At the end of the repayment period 3 choices are available to customers; hand the vehicle back and walk away, pay the settlement figure and take ownership of the vehicle, or part exchange the vehicle and upgrade for a new one. Personal Contract Hire A very good option for those leaving Company car schemes. All scheduled servicing, replacement tyres, and unforeseen repairs are budgeted for in one affordable monthly payment. No depreciation or disposal worries with this funding. Lease Purchase An option...
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CONTRACT HIRE
With contract car hire, you hire the vehicle for an agreed period of time (usually between 24 & 48 months) and pay a fixed rental based on the mileage you will do over the contract period. With contract hire, you pay for the vehicle plus interest. All payments plus VAT of which 50% is recoverable. Up to 100% of the monthly rental can be offset against profits.
KEY BENEFITS
contract hire means low deposit
contract hire means low monthly payments, particularly on prestige cars due to strong residual values
contract hire means fixed costs
contract hire means maintenance can be included in monthly contract hire payments Since August 1995, leasing companies have been able to reclaim the VAT on the purchase of cars, this means that you pay less per month because:
the interest charges are applied to the net of VAT cost price i.e. a £20,000 car would be £17,021 without the VAT, giving substantial savings on interest charges.
the...
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Contract Hire
What It Is...
An operating lease in which the loss of value of the vehicle is guaranteed over a fixed term
Can either include or exclude a maintenance package.
Benefits
Things you need to know
Large VAT savings as the leasing company claims back the VAT when buying the vehicle.
One payment covers most costs thereby providing better cash flow forecasting.
Enjoy manufacturer bonuses and fleet purchase discounts where available.
Freedom from disposal worries and risk as this is the job of the leasing company.
Off balance sheet financing which is useful when your company has high borrowings elsewhere.
No more administration and risk as maintenance, mechanical repair, replacement car, breakdown recovery, RFL renewal, tyres, batteries and exhausts can be part of the package.
For car contract hire and contract purchase contact Diamond Vehicle Finance, a UK vehicle leasing business. We can fulfil all...
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Finance Leasing
What It Is...
A lease covering only the finance element of the vehicle and where the lessor (finance company) does not guarantee the residual value.
The lessee (you) will take the risk of the depreciation (loss of value) over the term.
The vehicle must be shown on your company balance sheet.
Benefits
Things you need to know
Pure and simple financing leasing agreement with a flexible rental structure to suit your needs, however you never own the vehicle.
Taxation and VAT benefits the same as contract hire.
Shown as a company asset on your balance sheet.
You share in the risk and reward of the vehicle running costs including disposal.
For car contract hire and contract purchase contact Diamond Vehicle Finance, a UK vehicle leasing business. We can fulfil all your vehicle requirements: contract hire, UK contract purchase, new and nearly new UK car leasing, van hire, fleet leasing, car finance, fleet...
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Toyota Avensis 2.2 D4D T3S 5Dr with Metallic £270 + VAT based on Contract Hire Non Maintenance 3+35 10,000 miles p.a.
The basis of contract hire is the provision and management of business vehicles at a fixed rental- the customer defines the usage parameters for the vehicles in terms of period and mileage. Diamond Vehicle Finance provides the specified vehicles and the respective funder disposes of them at the end of the agreed contract. During the contract period the funder will arrange for the Road Fund Licences and send replacement discs to the customer. The customer not only enjoys off balance sheet funding for their vehicles but also eliminates the risk of resale value normally associated with ownership.
For car contract hire and contract purchase contact Diamond Vehicle Finance, a UK vehicle leasing business. We can fulfil all your vehicle requirements: contract hire, UK contract purchase, new and nearly new UK car leasing, van hire, fleet leasing, car finance,...
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Citroen relay 2.0 HDi Panel Van 1100 SWB £199
For car contract hire and contract purchase contact Diamond Vehicle Finance, a UK vehicle leasing business. We can fulfil all your vehicle requirements: contract hire, UK contract purchase, new and nearly new UK car leasing, van hire, fleet leasing, car finance, fleet management or long term car rental. Diamond Vehicle Finance's UK vehicle lease and hire options include: contract hire, contract purchase, Cash Purchase,new and nearly new car and van leasing, fleet lease, company car hire and fleet management, company and private car finance, long term rental, private car leasing, hire purchase and much more.We offer the most competitive boat loan. Boat loans on both new and used boats and boat insurance if required. Competitive boat loan rates and marine mortgages. Details of our services can also be reach at : www.diamondvf.com www.diamondvf.co.uk www.marinemortgages.co.uk www.ukboatfinance.com www.ukboatfinance.co.uk...
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Citroen Dispatch 1.9D Van £160
For car contract hire and contract purchase contact Diamond Vehicle Finance, a UK vehicle leasing business. We can fulfil all your vehicle requirements: contract hire, UK contract purchase, new and nearly new UK car leasing, van hire, fleet leasing, car finance, fleet management or long term car rental. Diamond Vehicle Finance's UK vehicle lease and hire options include: contract hire, contract purchase, Cash Purchase,new and nearly new car and van leasing, fleet lease, company car hire and fleet management, company and private car finance, long term rental, private car leasing, hire purchase and much more.We offer the most competitive boat loan. Boat loans on both new and used boats and boat insurance if required. Competitive boat loan rates and marine mortgages. Details of our services can also be reach at : www.diamondvf.com www.diamondvf.co.uk www.marinemortgages.co.uk www.ukboatfinance.com www.ukboatfinance.co.uk www.uk-boat-finance.co.uk...
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Citroen Berlingo Van 2.0 HDi LX 600 £150
For car contract hire and contract purchase contact Diamond Vehicle Finance, a UK vehicle leasing business. We can fulfil all your vehicle requirements: contract hire, UK contract purchase, new and nearly new UK car leasing, van hire, fleet leasing, car finance, fleet management or long term car ren | | | |