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There are several options for acquiring and
funding a vehicle including buying outright, leasing or leaseback.
Vehicle leasing has long been an option taken up by companies and it
is now available to individuals as an alternative to hire purchase.
As well as the purchase of a vehicle, leasing
offers the option of a full maintenance plan, giving you peace of
mind and predictable running costs.
Leasing often means that you can obtain more
for your money, being able to obtain a higher specification
car or
a bigger and better model.
Virtually every company borrows money at some
time and the question is how to borrow, rather than when to borrow.
If you can borrow money at say 10% to buy
stock or fund a service that then returns a profit of 25% the
benefit of financing speaks for itself.
Castle Vehicle Leasing can provide
the most suitable finance option for your company needs and the
following is a simple guide to your current options.
Company Tax treatment and how you show the
purchase of your vehicle in your financial accounts are all
determined by whether you buy or rent.
Your choice will be influenced by cash flow
considerations, if you want the vehicle as a company asset, whether
you want to be responsible for maintenance and what level of
maintenance cover you want to take.
» Click here to download
our finance application form (pdf format)
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Anyone who is employed can benefit from a
personal car contract on new and nearly new vehicles. If you receive
a cash allowance in lieu of a company car or are a self employed
contractor this option is designed especially for you.
The personal contract will enable you to
drive a new or nearly new car, over a set period of time, with an
agreed number of miles per annum, including road tax for the period.
The option to buy the car at an agreed price or hand it back at the
end of the contract is entirely yours.
More car for your money... or the same car
for less
With a traditional loan, your monthly
payments have to fund the entire cost of the vehicle.
Whereas, with this scheme your monthly
payments are based on only part of the price of the car for the
period of the agreement. As a result they are much lower than you
might expect.
Your money will go further, you get more car
for your money or the car you want for less. If your employees
credit history is less than perfect we can usually help, just
mention this to us when you apply.
» Click here to download
our finance application form (pdf format)
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 Castle
Leasing can release the cash locked inside your company vehicles by
paying you the value of your fleet and leasing them back to you.
We can save you time and money by fast
tracking this exercise for year end in order to maximise your tax
timing benefits . . .
Ask yourself the following questions...
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If you own your company vehicles outright
or even part-finance them how much money have you got tied up in
your vehicles? Just 3 cars could release £50,000.
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What would you do with a cheque today for
that amount?
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Would you re-invest that £50,000 back in
a fleet of cars or use it to ramp up your your business?
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Would you like to know every month
exactly what your vehicles were costing you?
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Would you like to transfer them onto
personal contracts for your employees?
Many companies have asked themselves these
questions and then have decided to sale and leaseback their vehicles
to us usually under a contract hire arrangement. It really is that
simple and we take the entire hassle out of the transaction.
All you do is cash the cheque!
To give you a quotation of how much money you
can release and how much it will cost you we will, however, need you
to compile the following information for us.
Information required for a sale and leaseback
quotation . . .
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Photocopy of the V5 registration
documents.
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Mileage reading on the vehicles and the
dates they were taken.
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Is there any other finance house involved
and who is it?
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How much do you want for the vehicles if
they are owned outright;
net book value or current market value?
If you would now like to find out how your
business can enjoy a cash injection then please
contact us now.
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The answer is driving a nearly new vehicle as
you can upgrade to a better make and model and still make savings
for your business.
The widest choice of nearly new vehicles.
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Castle Vehicle Leasing has access to a massive
selection of nearly new cars and vans so your choice is
virtually unlimited.
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We can source the widest range of makes
and models, from a standard saloon to a sporty convertible.
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We also have a variety of light
commercial vehicles, from a car derived van to a 16-seater
minibus.
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We can maintain choice and volume of
supply on a month-to-month basis.
The highest quality . . .
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Vehicles are mostly under 12 months old
with low mileage on the clock.
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Every vehicle has a full service history
and undergoes a rigorous RAC inspection - mechanical, bodywork
and interior.
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Every vehicle is prepared to agreed
quality standards.
Contact us to
find out what better model you can be driving.
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Castle Vehicle Leasing for open and professional advice at all times.
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