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For a business requiring the combination of a minimal outlay with maximum tax efficiency, Finance Leasing provides an alternative to contract hire. Although the business will never actually own the vehicle, finance leasing allows many of the benefits associated with ownership.
Hire Purchase is a simple and effective way for private individuals and businesses to spread the cost of a new or used vehicle.
Pay a small deposit (10-20%) to suit the available capital, and then make monthly repayments over an agreed period of time (24/36/48/60 months). Once all the payments have been made along with the option to purchase fee (approx £50 - £100) then the customer acquires title to the vehicle.
Lease Purchase is similar to Hire Purchase, but offers a number of advantages. Like hire purchase you pay a low deposit then make the remaining payments at a fixed rate over an agreed period, usually two or three years. However, with Audi Lease Purchase you reduce your monthly payments significantly by choosing a final balloon payment.
The vehicle remains the property of the Finance Company who dispose of the vehicle at the end of the term.
Personal Contract Purchase can be used by any individual, whether in business or not. You select the vehicle that\\\'s right for you, then decide which agreement term to go for, either 2, 3 or 4 years. Next, simply estimate the mileage you expect to cover each year and choose a deposit you are comfortable with, including the anticipated value of any part-exchange.