NEW DEAL: We have a large batch of Nissan NV400 F35 L3 H2 125ps in various colours on a special deal. The Nissan is based on the same body as the Vauxhall Movano and Renault Master but have a higher spec and better resale values - Huge savings available, from just £199 +VAT month on a 5 Year Lease - call for details.
Van Contract Hire UK - Global Van Solutions

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BVRLA

New Citroen Relay

The New Citroen Relay is now available to order, we have plenty of vans on order which will start to arrive in mid July 2014, or if you prefer to. . .

New Vauxhall Vivaro

The New Vauxhall Vivaro has now been launched, you can now place an order for delivery in approx 12 weeks ready for the new '64' number plate in September 2014.. . .

Magazine article in What Van

Our director recently gave an interview to What Van? magazine in relation to buying new vans on the internet.

 

What Van? Magazine: July 2013.

Not all online sites are auction sites, and. . .

more news
 

Finance

Owning a van is an essential part of everyday life for many businesses, whether it is having a pickup for the weekend, or running a fleet of vans for your business, we have a number of finance packages to help you fund it.

Contract Hire 

The most popular choice for VAT – registered and non VAT – registered companies that want minimum outlay and maximum control of costs, especially when the maintenance and relief vehicle options are included. With this VAT – beneficial financing package, one regular rental payment covers all risks, including costs of depreciation and disposal, for an agreed period of time and mileage. Road Fund License is included, but roadside rescue, maintenance and relief vehicle provision are options that can be added and changed to the monthly rental.

The benefits of Contract Hire:

  • Up to 100% tax deductible depending on cost of vehicle
  • Low initial outlay
  • Flexible contracts
  • No residual risk
  • No disposal issues
  • Optional relief vehicle whilst yours is off the road
  • Capital not tied up in a depreciating asset
  • Off-balance sheet borrowing/accounting
  • Fixed cost and optional maintenance
  • VAT on rentals reclaimable (reduced to 50% for cars used privately)
  • Road fund license included for the full contract length

Hire/Lease Purchase

For non-VAT – registered companies that want eventual ownership of the vehicle. A funding agreement where the company acquires ownership when all payments, including the purchase payment have been made. Part of the capital cost of the vehicle payment may be deferred into a Balloon Payment at the end of the agreement, which equates to the anticipated market value of the vehicle at the end of the agreed leasing period.

The benefits of Lease Purchase:

  • Fixed monthly cost
  • Ownership at the end of the lease
  • Flexible contract
  • Balloon Payment
  • Low initial outlay
  • Business capital not tied up in a depreciating asset
  • Finance not subject to VAT
  • Interest reclaimable against tax
  • Writing down allowance
  • Road fund licence included for the first year of the contract

Finance Lease

Ideal for VAT – registered companies who want to handle the administration of their vehicles, and have the asset shown on their balance sheet. A VAT – beneficial option where the hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle.

The benefits of Finance Lease:

  • Business capital not tied up in a depreciating asset
  • VAT on rentals reclaimable
  • 100% tax deductible. Reduce your costs and get back from the government up to 40% of allpayments (including your deposit).
  • Spread the VAT accross all your payments, (purchase agreements - all VAT is paid up front at the start of the agreement).
  • All VAT payments claimed back if registered, if not registered offset it against your tax.
  • Fixed payments for the whole agreement.
  • Low deposits and low monthly payments.
  • Flexibility - can settle early like standard loan.
  • Lower payments - can offset some capital to end of lease (called balloon or residual payment) 
  • No penalty charges for additional mileage or damage etc at the end of the agreement.

Outright Purchase

Outright purchase is the simplest way to purchase your vehicle. The cash price of the vehicle is paid upfront, which saves you paying any interest on monthly payments as there are none. From a taxation point of view, you will only be able to claim back the write down allowances. The advantages are:

  • Ideal for those who want total ownership of their vehicles
  • No Contracts or agreements
  • The vehicle is yours to do with as you please from day one

 

 


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