| Meeting Your Requirements |
Contract Hire |
Finance Lease |
Contract Purchase |
Hire/Lease Purchase |
Personal Leasing |
Outright Purchase |
| Accurate Monthly Budgeting |
x |
x |
x |
x |
x |
- |
| Improved Cash Flow |
x |
x |
x |
x |
x |
- |
| Minimum Capital Expenditure |
x |
x |
x |
x |
x |
- |
| Fixed Rates |
x |
x |
x |
x |
x |
- |
| Rental Allowable Against Taxable Income |
x |
x |
- |
- |
- |
- |
| Capital Allowances Available |
- |
- |
x |
x |
- |
x |
| Ownership of Vehicle + |
- |
- |
x++ |
x |
x++ |
x |
| VAT Chargeable on Rentals |
x |
x |
- |
- |
- |
- |
| VAT Recoverable on Monthly Rentals |
x* |
x* |
- |
- |
- |
- |
| VAT Recoverable on Purchase Cost by The Leasing Company and Passed on to Customer in Lower Rentals |
x |
x |
- |
- |
- |
- |
| No Depreciation Risks |
x |
- |
x |
- |
x |
- |
| No Vehicle Disposal Problems |
x |
- |
x |
- |
x |
- |
| Reduced Administration |
x |
x |
x |
x |
x |
- |
| On-going Advice/Support
| x |
x |
x |
x |
x |
- |
| Ongoing Road Fund Licence Provided++ |
x |
- |
x |
- |
- |
- |
| Replacement Vehicle in case of Breakdown++ |
x |
- |
x |
- |
x |
- |
| Fixed Charge Maintenance++ |
x |
x |
x |
x |
x |
- |
| VAT Chargeable on Services & Maintenance |
x |
- |
x |
- |
x |
x |
| VAT Recoverable on Services |
x |
- |
x |
- |
- |
x |