Contract Hire
A fixed cost motoring package for a fixed term, which is particularly efficient for VAT - registered companies
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Finance Lease
An On Balance Sheet VAT - efficient method of leasing where you take the risk of depreciation and maintenance costs
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Hire Purchase
A simple and traditional way of funding that gives you ownership of the vehicle on completion of the agreement
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Lease Purchase
This is similar to Hire Purchase but it offers greater flexibility by allowing you to incorporate a 'balloon' payment at the end of the contract
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Personal Contract Hire
Gives a fixed cost motoring package for the private individual, popular amongst people who are opting out of company car schemes. Also consider Personal Contract Purchase
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Personal Contract Purchase
Provides similar benefits to Personal Contract Hire with the option to purchase the vehicle at the end of the contract. More flexible type of agreement
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Fleet Re-Financing (Sale and Leaseback)
An agreement whereby your existing vehicles are sold to a finance company and then re-financed back on more appropriate or attractive terms
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