Colbornes Audi - Lease Purchase
For the business user only
LEASE PURCHASE BENEFITS AT GLANCE
- Reduced payments with a final 'balloon' payment
- Fixed interest rate
- Rentals not subject to VAT
- Ownership of the vehicle at end of agreement upon exercising the 'option to purchase'
- Inflation proof payments
Lease
Purchase is a hire purchase agreement but with features specifically
designed for the business user market. By balancing the deposit, the
agreement length and final payment until the end of the Contract, a
Customer has the opportunity to match the monthly payment to the
available budget.
The interest element of the monthly payment may be allowable against
tax and a Customer may be able to claim writing down allowances.
If the particular business is not VAT registered, then lease purchase
can be an attractive option.
This is categorised as a 'Purchase product' and as such under current
taxation legislation it is regarded differently to 'leasing or use only
contracts' the Customer may benefit from certain tax advantages.
In all such cases, the Customer should ask their financial or tax
advisor whether this applies.
Optional Products available - click on each for more details..
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Copyright 2007 Colborne Garages Limited - Colbornes Audi is a trading
style
of
Colborne Garages Limited
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