Business and Fleet at West End Motors Bodmin

A popular method to run a single or fleet of vehicles for your business use, providing affordable monthly payments and hassle free motoring. At West End Motors, our sales team will be able provide an accurate assessment of the costs associated with your purchase. The process of Contract Hire is simple. You will be required to pay a number of rental payments in advance, followed by a fixed number of monthly contributions over an agreed period. At the end of the agreement, and subject to mileage and condition, simply hand the vehicle back with nothing to pay. The benefits of a Contract Hire agreement are manifold. Aside from removing financial uncertainty, administrative burden and the responsibility of disposal, a Contract Hire arrangement enables your business to take advantage of:

• Fixed monthly rentals
• Full maintenance packages
• Tax efficient - all or part of the rentals can be offset against taxable profit
• 50% VAT reclaimable on cars
• 100% VAT reclaimable on LCVs
• 100% VAT paid on maintainance packages reclaimable
• Low initial payment (typically three rentals in advance)
• No depreciation risk
• Vehicle disposed of on your behalf

For more details on a Nissan Contract Hire arrangement, contact Ady Gill on 01208 261111 or by using an online enquiry form.

Lease Purchase enables you to pay a deposit to suit your budget, then repay the remaining balance over an agreed period. After the contract is finished, you take ownership of the vehicle. Monthly payments can be reduced by deferring a proportion of the balance by making a 'balloon' payment at the end of the agreement.
Benefits include:

• Low initial outlay required either paid as a lump sum deposit or advanced rentals.
• Fixed monthly rentals for ease of budgeting.
• Monthly payments are not subject to VAT.
• No mileage restrictions.
• Option to include a deferred sum/final 'balloon' payment to keep monthly payments low.
• Taxation benefit from writing down allowance.
• LCVs acquired on Lease Purchase are eligible for the Annual Investment Allowance.
• LCV's acquired on Lease Purchase are required to pay VAT upfront as a lump sum.

Here's how it works:

• You pay an initial deposit followed by a fixed number of monthly payments over an agreed contract period.
• Monthly payments can be reduced by making a 'balloon' payment at the end of the agreement.
• At the end of the agreement, subject to payment of a nominal Option to Purchase fee, you take outright ownership of the car.

And it's that easy.

For more details on a Lease Purchase, contact Ady Gill on 01208 261111 or by using an online enquiry form.