In the ever-changing world of finance, at Transporter we have options to suit your needs. With our Limited Permission for credit broking we work with our finance partners to create the ideal package that’s right for you.
Finance Lease
The finance lease means your vehicle is hired to you for a fixed period without the option to purchase. At the end of the agreement the vehicle will be sold with the vast majority of the net sale proceeds returned to you as a rebate of rentals.
- Shows the vehicle as an asset on your balance sheet
- Low capital outlay
- Payments fixed at the start of the agreement
- Accurate budgeting
- VAT collected on each rental rather than at the start of the agreement
Fixed Rate Hire Purchase
For operators seeking to own their vehicles outright, hire purchase provides a simple choice.
- Shows the vehicle as an asset on your balance sheet
- Accurate budgeting
- VAT fully reclaimable
- Tax writing down allowances available
- Interest charges allowable against tax
Lease Purchase
Lease Purchase offers lower than regular repayments by including a final lump sum ‘balloon payment’ at contract end.
- Shows the vehicle as an asset on your balance sheet
- Lower fixed payments
- Accurate budgeting
- VAT fully reclaimable
- Tax writing down allowances available
- Interest charges allowable against tax
Operating Lease
Lower monthly payments and no disposal worries at contract end, the operating lease is an attractive option.
- Low initial outlay
- Lower than usual fixed monthly repayments
- Rentals are allowable against taxable profits
- VAT on rentals is claimable
- No risk or administration at the end of the agreement providing the vehicle meets return and mileage conditions
- Off balance sheet funding
Contract Hire
A combined Operating Lease with a Repair and Maintenance contract all within one monthly payment. No disposal worries at contract end.
- Low capital outlay
- Lower than usual fixed monthly repayments
- Rentals are allowable against taxable profits
- VAT on rentals is claimable
- No risk or administration at the end of the agreement providing the vehicle meets return and mileage conditions
- Off balance sheet funding
- Repair and maintenance included
- Lower fleet administration costs
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