This is pre-agreed when you take out the contract. The mileage bands range from 5 000 to 40 000. If you exceed the contract mileage then there will be an excess mileage charge will .This is simply to give you some flexibility as it is always difficult to be spot on when predicting mileages.
Back to menuThe way prices are calculated is heavily based on the vehicle’s predicted future value. The more miles you cover will mean that at the end of the contract your car will be worth a lower price, and so the vehicle’s depreciation will be greater. This has an impact on the monthly amount you pay.
Back to menuDepending on your circumstances, you may have the option of leasing your vehicle through your business, or alternatively you may lease the vehicle as a private individual. Private individuals and customers who are receiving a company car allowance have the option of either Personal Contract Hire or Personal Contract Purchase. We suggest you check with your accountant which financing method will be best for you.
Back to menuBusiness users who are VAT-registered can currently reclaim a minimum of 50% of the VAT payable on each contract hire payment. This is assuming that there is some private use. You may be able to reclaim the whole amount of the monthly VAT if the vehicle is used solely for business use. Please contact your accountant to see if you meet the criteria.
If you decide to have a maintained contract, then all business users who are VAT-registered can reclaim 100% of the VAT on the maintenance element . Private individuals are unable to reclaim VAT Recoverable VAT only applies to VAT-qualifying agreements such as Business Contract Hire and Finance Lease.
Back to menuYes and you will still enjoy our competitive corporate rates, however you will be unable to re claim any of the VAT which would be built into the monthly payments.
Back to menuThe difference between Business and Personal Contract Hire rates is the VAT element. Private individuals will not be able to re claim the VAT and it is therefore included in the monthly payments.
Back to menuWhen you know what allowance you can expect to receive, and have familiarized yourself with the makes and models that interest you we will be happy to quote on a personal scheme to suit you.
Back to menuLocated in the Information section is a detailed explanation of how the different methods of finance work. It will help you decide which type of contract suits you best. If you’re still not sure, please call the office to discuss your options further.
Back to menuContract Hire offers you complete peace of mind knowing that at the end of the contract there will be no negative equity or concern about how to dispose of the vehicle. You will also be free from having to negotiate troublesome part-exchange prices and values. It’s always worth looking at things another way - look at how much you paid for your last car and then look at its worth today. The chances are it will not be worth what you paid for it..? Divide that figure over the number of months you have had the vehicle and you will see that, in effect, you have leased the vehicle anyway – it’s just that you have been taking all the risks!
Back to menuYes, if you feel that is the right way forward for you we can help your source new & late used cars at competitive prices. Please be aware though that we work with the dealers, and not in competition to them, and if you just want the best deal and are not looking for personal service then perhaps you will not need us to help you. We have customers who we help supply their vehicles on outright purchase & they rely on us to supply their vehicles at competitive prices without having to do all the work themselves.
Back to menuDepending on the type of agreement you choose, you may be able to purchase your vehicle at the end of its contract. We have schemes that offer you a guaranteed price to purchase the car at the end of the contract.
Back to menuThe only aspect of a lease contract you can change once you are in possession of a vehicle is the mileage. You can change the agreed mileage as long as there are 6 months left on the contract.
Back to menuThe amount of initial payment can be tailored to meet your exact requirements. Our advertised rates in our Green Machines section will always display the most traditional approach, which is an initial payment of 3 monthly rentals in advance. Initial payments start from as low as just one rental in advance and can also be any variable of any amount of money that suits you. Obviously, the higher the initial payment made, the lower your monthly rental will become.
Back to menuWe have access to most of the major lenders in the market allowing us to offer you competitive rates.
Back to menuThe advertised rates on our website and Green Machines don’t include a maintenance package, although we can quote to include a fully maintained package. You need to be aware that is your responsibility to make sure the car is maintained in accordance to manufacturers recommendations.
Back to menuThe maintenance packages offered includes full servicing in line with the manufacturer’s recommendations, replacement tyres (subject to fair wear & tear ) batteries, exhausts and all other serviceable items, for the duration of the contract.
Back to menuA description of ‘fair wear and tear’ is laid out in our ‘wear and tear’ section.
Back to menuYou are free to take your vehicle to any of the manufacturer’s approved UK-based dealerships which could be your local dealership.
Back to menuNo, car insurance is one of the few products we don’t currently offer.
Back to menuMost of the vehicles we supply on Contract Hire and leasing are brand new unless otherwise specified, occasionally we have Special Offers on pre registered vehicles. We can help you with the supply of late used vehicles on outright purchase if required. In this case vehicles are sourced through main UK dealers and would be under 3 years old.
Back to menuNo, all the vehicles we supply will be sourced from the manufacturer and UK-based franchised dealer network. All of our new vehicles come with a full UK manufacturer’s warranty and therefore can be taken into your local dealer for warranty or routine servicing work.
Back to menuDepending on the type of vehicle, we can usually deliver within 14 working days. If the vehicle is a specialist specification, then we will offer you a factory build time. We will always quote approximate delivery dates when quoting so you know what to expect.
Back to menuAll the vehicles we supply are sourced directly from the UK franchised dealer network. Delivery to you will take place at an agreed time direct from the supplying dealer. We currently offer an a.m. or p.m. delivery service to your business or home address.
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