A popular choice for VAT registered companies who want minimum outlay and maximum control of costs, especially when the maintenance and relief vehicle options are included.
With this VAT beneficial package, one regular rental payment covers all risks including costs of depreciation and disposal for an agreed period of time and mileage.
Road fund licence is included, but roadside rescue, maintenance and relief vehicle provision are options that can be added and charged to the rental payments.
Ideal for VAT registered companies who want to handle the administration of their vehicles, and have the asset show on their balance sheet.
A VAT beneficial finiance 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.
For companies with high value cars who would like the option of purchasing their vehicles, but don’t want any depreciation risks.
The customer acquires the vehicle by paying fixed monthly instalment with the asset being shown on the company balance sheet, and can either retain ownerships at the end of the contract or hand the vehicle back.
Contract Purchase comes with road fund licence.
Full breakdown cover, relief vehicle and maintenance are available as optional extras.
For non-VAT registered companies that want eventual ownership of the vehicle.
A funding agreement where the company acquires ownership when all the payments, including the option to purchase, 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 value of the vehicle at the end of the leasing period.
For private individuals who want a hassle-free and cost-effective way to finance and maintain a vehicle.
Consultation and assessment of your requirements may reveal that Drivewise – Network’s personal leasing product – is the ideal vehicle finance solution for your business and personal needs.
Drivewise allows youto enjoy significant tax advantages, a choice of new or used vehicles every two or three years for a fixed monthly charge that’s easy to budget for, as well as an all-inclusive maintenance and breakdown package.
Choosing Your Funding Method