Dews Motor Group Ltd

FUNDING OPTIONS

The chart below compares the main differences for funding your new car.

  Contract Hire Leasing Lease Purchase Hire Purchase Bank Loan Cash Payment
Maintenance Package Available yes yes
VAT payable on rental yes yes
Interest claimable against taxable profits yes yes yes
Monthly payment claimable against taxable profits yes yes
Outright ownership at end of contract yes yes yes yes
Accelerated tax relief yes yes
Cashflow benefits yes yes yes yes yes
Low initial payments yes yes yes
Vehicle shown as an asset on the customer balance sheet yes yes yes yes yes
Customer can claim written down allowance on vehicle yes yes yes yes

CONTACT US

For more information regarding Contract Hire and Fleet, please contact Geoff Newton on 0844 7705628.