Ways To Pay For Your Vehicle...

THE PURCHASE OF A VEHICLE FOR YOUR BUSINESS IS A BIG DECISION AND AT BOX CLEVER COMMERCIALS WE BELIEVE WE MAKE THE PROCESS AS EASY AS POSSIBLE WITH THE CHOICE OF WAYS TO PAY AND KNOWLEDGEABLE STAFF TO HELP YOU MAKE THE RIGHT DECISION.

VAN HIRE PURCHASE (SIMPLE VAN FINANCE)

  • THE MINIMUM DEPOSIT IS THE VAT AMOUNT ON  THE VAN
  • REPAYMENT PERIOD FROM 24 UP TO 60 MONTHS
  • MONTHLY REPAYMENTS ARE VAT FREE
  • VAT DEPOSIT RECLAIMABLE (VAT REGISTERED CUSTOMERS)
  • 100% OF INTEREST CHARGES CAN BE OFFSET AGAINST TAXABLE PROFITS
  • VEHICLE IS AN ASSET ON YOUR BALANCE SHEET AND BENEFITS FROM WRITING DOWN ALLOWANCES
  • BALLOON PAYMENTS CAN BE BUILT IN TO THE DEAL TO REDUCE MONTHLY PAYMENTS
  • END OF THE CONTACT PERIOD THE VEHICLE IS 100% OWNED BY YOU UPON PAYMENT OF THE OPTION FEE (CIRCA £50 – £80)

VAN FINANCE LEASING (UNLIMITED MILEAGE LEASING)

  • THE DEPOSIT IS THE EQUIVALENT OF 1 – 3 MONTHS RENTAL IN ADVANCE, PLUS VAT ON THE DEPOSIT
  • REPAYMENT PERIOD OF BETWEEN 24 AND 60 MONTHS
  • VAT IS PAID MONTHLY, THEN CLAIMED BACK QUARTERLY (IF VAT REGISTERED)
  • RENTALS ARE 100% ALLOWABLE AGAINST TAXABLE PROFITS
  • FACILITY CAN HAVE A BALLOON PROFILE, WHICH DEFERS A LARGE PAYMENT TO THE END OF THE CONTRACT – THUS REDUCING MONTHLY RENTAL AND AIDING CASHFLOW  – PLEASE DISCUSS THIS WITH US, TOTAL INTEREST PAID IS HIGHER.
  • VEHICLE SOLD OR PART-EXCHANGED AT END OF CONTRACT WITH THE HIRER KEEPING 95% OF THE SALES PROCEEDS (EX. VAT) . A GREAT BENEFIT WITH THIS FORM OF VAN LEASE
  • BEST FOR NON-VAT REGISTERED BUSINESS USERS LOOKING FOR LOW INITIAL DEPOSIT AND MAXIMUM FLEXIBILITY
  • NO MILEAGE RESTRICTIONS APPLY FOR THIS TYPE OF VAN LEASE, ANOTHER HUGE BENEFIT


VAN CONTRACT HIRE

  • THE DEPOSIT IS THE EQUIVALENT OF 1 – 3 MONTHS RENTAL IN ADVANCE, PLUS THE VAT FOR THE DEPOSIT
  • VAN CONTRACT HIRE IS ESSENTIALLY THE SAME AS VAN FINANCE LEASING BUT WITH THE ADDED BONUS OF A MAINTENANCE PACKAGE, AND WITHOUT THE HASSLE OF HAVING TO SELL THE VEHICLE AT THE END OF THE CONTRACT
  • DEPOSITS ARE ANYTHING FROM 3 RENTALS UPWARDS
  • TOTAL BUDGETARY CONTROL – FIXED COSTS, AS LONG AS YOU STAY WITHIN THE MILEAGE
  • MONTHLY REPAYMENTS ARE SUBJECT TO VAT – VAT RECOVERABLE
  • RENTALS ARE 100% ALLOWABLE AGAINST TAXABLE PROFITS
  • FIXED MAINTENANCE PACKAGE TO INCLUDE SERVICES, REPAIRS, TYRES, DEPENDANT ON CONTRACT TYPE OPTIONAL ON VAN CONTRACT HIRE)
  • AT THE END OF THE CONTRACT, SIMPLY HAND THE VEHICLE BACK
  • THE VEHICLE IS SUBJECTED TO AN INSPECTION, WHERE ANY RECONDITIONING COSTS ARE CHARGED TO THE CUSTOMER – IDEAL FOR VAT REGISTERED LARGER FLEET OPERATORS. THIS CAN BE AN ISSUE TO SOME CLIENTS USING THIS FORM OF VAN LEASING
  • THE CONTRACT IS MILEAGE SENSITIVE.
  • THERE WILL BE EARLY TERMINATION COSTS IF THE CONTRACT DOES NOT GO TO THE FULL TERM

All information and images are copyright of © Box Clever Commercials.
Complete Asset Finance Limited , Registered Number 05933503 Vat No. 890356700
Registered Address: Charltons Accountancy, Middle Farm,
Charlton Horethorne Sherborne, Dorset DT9 4NL

Box Clever Commercials is a trading name of Complete Asset Finance Ltd, which is authorized and regulated by the Financial Conduct Authority.

Box Clever Commercials