Email : info@howlett-ltd.co.uk howlett of lavenham Tel : 01787 247 228  special offer carFax : 0870 73 86 222

LEASING SERVICES

Available on every make and model of car and Light Commercial vehicle

Contract Hire

The Ultimate vehicle leasing arrangement - offering a total peace of mind package. Contract hire takes away all the time consuming and costly responsibilities of acquiring, disposing and maintaining the company fleet. This ensures the user has predictable outgoings and cash flow thus avoiding the risks inherent in vehicle ownership. At the end of the contracted period the vehicle is returned to the leasing company leaving you free to move into a new contract at minimum cost.

Agreements may include various options such as maintenance (routine servicing, tyres, batteries, exhausts, oils, lubricants etc), Road Fund Licence for the full period, Breakdown and Recovery Service and a Replacement car if your vehicle is off the road. In most circumstances mileages can be amended on each anniversary of the agreement, therefore keeping the contract as flexible as possible.

Finance Lease

With Finance Lease you can never become the owner of the vehicle, however this enables you to claim useful tax allowances as a business expense. You can also control the eventual sale of the vehicle with up to 98% of the sale proceeds being returned to you. Finance lease can be taken with or without a balloon payment at the end of the contract. It is possible to keep the vehicle for a secondary period at the end of the agreement - this is called a peppercorn rental.

HP and Lease Purchase

Purchase is possibly the easiest understood and straightforward way to fund vehicle leasing. Each monthly payment consists of a proportion of capital cost plus interest and any other costs resulting in the ultimate ownership at the end of the contract.

Lease Purchase combines the ultimate ownership benefits of HP with favourable cash flow advantages. With this method you have the option to defer a balance until the end of the contract - this is called a balloon payment. Taking the option of a balloon results in the monthly payment being reduced. In some cases at the end of the contract it may be possible to refinance the balloon payment over a further period.

Contract Purchase

This is one of the most recent options for vehicle acquisition. Like Contract Hire, servicing and maintenance can be included, however unlike Contract Hire title can pass to the user. A final rental is calculated - based on the contract term, mileage and type of vehicle, this sum is the users option to purchase. However if the user does not wish to purchase the vehicle he can return the vehicle to the leasing company.

Personal Contract Purchase

Thinking of withdrawing from a company car ? Company car tax too high ?

Then Personal Contract Purchase could be the solution. Offering fixed monthly payments with or without maintenance, low deposit, contract term and mileage all tailored to your requirements. At the end of the contract you simply choose another vehicle or pay the final option to purchase instalment and the vehicle is yours to keep. No trade in hassles. Our leasing specialists can provide you with your personal benefit in kind taxation calculation.

Sale and Leaseback

Need to raise capital for other ventures? Are your vehicles tying up all your capital?

Some companies have a policy of running their own fleet. From purchasing vehicles outright to disposing of them when they are no longer required. A company running an in house fleet this way also has to fund maintenance costs, relief vehicles, Road Fund Licence and administration costs etc, which makes this method very unpredictable and budgeting for cash flow very difficult. It also ties up company funds, which if used in a different aspect of the company, could be more profitable.

If your company has taken this route we have the solution. Our Sale and Leaseback scheme will involve your existing fleet being valued and a Contract Hire or Finance Lease agreement written. The value of the vehicles will be paid for by cheque therefore injecting the company with the cash required to invest in other areas of the business. Vehicles over two years old are not generally available on this scheme as maintenance costs rise steeply.

All our Vehicle Leasing facilities can be tailored to suit your requirements, offering flexible deposits, contract lengths, mileages & balloon payments. If you have a budget in mind we can achieve it.

For information on the tax and VAT implications please Email, Telephone or fax and one of our leasing specialists will contact you.

 Audi - Ford - VW - Mercedes - BMW - Call for any make or model, Today !

Call today on 01787 247 228

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