Merritts Peugeot 01494 725911

Merritts Peugeot Business Users

/peugeot/Merritts_Peugeot_Business_Users When it comes to your business vehicles, finance is one of the most important considerations. Yet with so many options, it can also be the most confusing. At Peugeot, we aim to make the complicated, uncomplicated.

Here is a list of all of the finance options available to your business; contact us today and we will make sure that you choose the best option:

Peugeot Contract Hire:

Peugeot Contract Hire - one of the simplest ways to run a car or van is by renting the vehicle for an extended period (typically 3 years). No initial outlay, fixed rental costs, improved cash flow, VAT recovery and off balance sheet. Then you just hand the vehicle back at the end.
Peugeot Contract Hire with Maintenance - this package includes all servicing and repair costs associated with the vehicle.

Peugeot Finance Lease:

Peugeot Finance Lease - another type of hire agreement, but with greater flexibility at the end of the term. It carries many of the benefits of Contract Hire but with three exceptions, the vehicle appears as an asset on the balance sheet, you can reduce monthly payments by agreeing a one of payment (balloon) at the end of the term and you are responsible for selling the vehicle to a third party at the end of the agreement.
Peugeot Finance Lease without Balloon Payment- as above, with the exception of reduced monthly payments

Peugeot Business Lease Purchase:

Peugeot Business Lease Purchase with Balloon Payment- with lease purchase you pay a deposit, then the balance of the purchase price and interest charges are spread over the agreed term. A balloon payment based on the anticipated value of the vehicle is made at the end of the term, making the vehicle the property of the Company. The vehicle appears as an asset on the balance sheet, there is no VAT on your monthly payments and you can recover the VAT on the purchase price provided the vehicle is 100% for business use.
Peugeot Business Hire Purchase- designed to provide fixed term funding with eventual ownership. You decide your initial lump sum deposit and set the repayment period over which you want to spread your monthly repayments. At the end of the agreement the vehicle is yours.