This form of finance gives a
low monthly payment due to the ‘Guaranteed Future
Value (GFV)’ which is offset to the end of the
contract. Contract Purchase is preferred typically by
Non VAT registered organisations.
Contract Purchase offers the option of all inclusive
maintenance packages and relief vehicles to keep the
work force mobile.
The vehicle appears as an asset in the accounts and
a proportion of its value can be written down against
profits. Interest payments are also allowable against
tax.
Contract Purchase gives flexibility at the end of the
agreed contract period. The company has the option to
own the vehicle but with the security of a guaranteed
future value should the vehicle be worth less than the
anticipated value.
All our car leasing plans are available on all makes
and models, from the more prestigious Audi, BMW, Mercedes
and Jaguar, to reliable favourites such as Ford, Vauxhall,
Peugeot and Renault.
This means you have 3 options at the end of your agreement:
Option 1
Make the final payment and keep the vehicle.
Option 2
Part Exchange the vehicle, releasing any available equity
to form a
deposit for your replacement vehicle.
Option 3
Return the vehicle without making the final payment.
The Right Choice
- Our Business Contract Purchase
plans include:
- Low initial deposit and fixed monthly
payments.
- Free delivery and collection anywhere
in the UK.
- The contract length and mileage
tailored to exact requirements.
- Optional breakdown and recovery
service, with European cover.
- Optional inclusive maintenance
contract, with routine servicing, repairs and tyres
etc., for a fixed monthly cost.
- Personal support and advice throughout
your contract from Countrywide Vehicle Contracts.
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