Contract Hire

Contract Purchase

Lease Purchase

Finance Lease

Purchase Lease

Purchase

Accurate Monthly Budgeting

X

Improved Cash Flow

X

Minimum Capital Expenditure

X

Fixed Interest Rate

X

Capital Allowances Available

X

X

X

Rental Allowable Against Taxable Income

X

X

X

X

X

Ownership of Vehicle +

X

X

VAT Chargeable on Rentals

X

X

X

X

VAT Recoverable on Monthly Rentals

X

X

X

X

VAT Recoverable on Purchase Cost by Dial and Passed on to Customer in Lower Rentals

X

X

X

X

No Depreciation Risks

X

X

X

No Vehicle Disposal Problems

X

X

X

Reduced Admin

X

On-going Advice / Support

X

Road Fund Licence Provided ++

X

X

X

X

Replacement Vehicle in case of Breakdown ++

X

X

X

X

Fixed Charge Maintenance ++

X

VAT Chargeable on Services

X

X

VAT Recoverable on Services