Unbelievably, it’s been six months since we last wrote about vehicle finance. Summer seems to have gone in the blink of an eye, the evenings are closing in and the new ‘67’ plate is already here!
Whether you didn’t get around to upgrading your company car last time or you have been waiting, like many others, for the new ‘67’ plate to be launched, why not let us help you find the best deal to purchase your new company vehicle.
Here at NGI we have 3 main options, depending on your monthly budget, whether you want to own the vehicle outright at the end of the agreement and what type of company you are.
If you are looking solely for a fixed rate with set monthly payments then Hire Purchase is the option for you. However, you might want to pay the full vehicle value or defer a percentage of the final payment until the end of your agreement, in this case Finance leasing is the better option. Finally, how about Contract Hire? Take out a business contract and reclaim 100% of the VAT. Most importantly, don’t forget the Government allows you to claim capital allowances on all vehicles that you buy and use in your business.
So, if you would like further information on any of these options or are unsure about how best to proceed, then give us a call to speak to one of our advisers on 01993 706403. We’d be happy to help you secure your new BMW, Audi or Mercedes or whatever car you aspire to.