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Benifit from our free
Company Car Tax Calculator
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Find the one most suitable
product for you
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Contract
Hire
A popular choice for VAT-registered companies that want minimum
outlay and maximum control of costs, especially when the maintenance
and relief vehicle options are included.
With this VAT-beneficial financing package, one regular rental
payment covers all risks, including costs of depreciation and
disposal, for an agreed period of time and mileage. Road Fund
Licence and roadside rescue is included, but maintenance and
relief vehicle provision are options that can be added and charged
to the rental payment.
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Finance
Lease
Ideal for VAT-registered companies who want to handle the administration
of their vehicles, and have the asset shown on their balance
sheet.
A VAT-beneficial finance option where the hirer can choose to
pay the entire cost over the agreed lease period, plus an interest
charge, or pay lower monthly rentals during the lease period
with a final payment based on the anticipated resale value of
the vehicle.
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Contract
Purchase
For companies with high-value cars who would like the option
to purchase the vehicles, but dont want any depreciation risks.
The customer acquires the vehicle by paying fixed monthly instalments
with the asset being shown on the company balance sheet, and
can either retain ownership at the end of the contract or hand
the vehicle back. Contract Purchase has the added benefits of
savings on maintenance and relief vehicles, and comes with full
Dial Rescue breakdown cover and road fund licence.
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Lease
Purchase
For non-VAT-registered companies that want eventual ownership
of the vehicle.
A funding agreement where the company acquires ownership when
all the payments, including the option to purchase, have been
made. Part of the capital cost of the vehicle payment may be
deferred into a “balloon” payment at the end of
the agreement, which equates to the anticipated market value
of the vehicle at the end of the agreed leasing period.
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Personal
Contract Purchase
For private individuals who want a hassle-free and cost-effective
way to finance and maintain a vehicle.
Consultation and assessment of your requirements may reveal
that Drivewise - Network's personal leasing product - is the
ideal vehicle financing solution for your business and personal
needs. Drivewise allows you to enjoy significant tax advantages
and a choice of new or used vehicle every two or three years
in return for a fixed monthly charge that is easy to budget
for, as well as an all-inclusive (optional) maintenance and
breakdown package.
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