Hire purchase is the simple and straightforward way to pay for your new car. You make an initial payment and then you can pay for your car over two to five years. Leasing with service and maintenance options allows you to utilise vehicles for your business without having to purchase them outright. This means no hassle selling the vehicle at the end of the agreement and no vehicle resale value worries.
For a fixed monthly payment, your business can use the vehicle(s) for an agreed term and mileage that suits your business needs. As long as you do not exceed the agreed mileage and the vehicle is within the acceptable condition standards, you simply return the vehicle at the end of the agreement, with no further cost.
You agree the leasing term between 24-48/2-4.5 years and decide on the annual mileage limit to suit your business requirements. This mileage limit can be reviewed and amended throughout the duration of the agreement* as we understand that your business needs may evolve over time. The lease agreement covers the road tax and fine management. As part of your lease agreement you can choose to include a Service and Maintenance plan to cover the costs of running the vehicle which can include servicing, maintenance, tyres and roadside assistance.
*Up to 6 months before the end of the contract.