| Company Description |
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I specialise in the supply and funding of all UK car and Light Commercial Vehicles. Hire purchase, leasing both for Business or Private individuals. Specialists in Contract Hire, Hire Purchase, Finance Lease and Contract Purchase. PCH & PCP and Allstar fuel cards..
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| Detailed Information |
Registration Number: 07222415
VAT Number: 994 9246 55
Established: 13/04/2010
No of Employees: 1-10
Annual Turnover: 0-200k
Company Type:
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UK Branches: Melbourn, Huntingdon.
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| Brand & Trade Names |
- Contract Hire - A Contract Hire agreement is typically over a 36 month term, although other terms are available, such as 24, 48 and 60 months. The most popular contract is 3x35. This means the client pays three payments in advance followed by 35 monthly payments. The main advantages of this form of financing is that you can drive a brand new car at a relatively low monthly cost and over a three year term, virtually all new cars are covered under the manufacturer's warranty. The time consuming task of disposing of your vehicle when it is time to change is eliminated; you simply order a new car and hand the old one back.
- Finance Lease - Ideal for VAT registered companies who want to handle the administration of their vehicles, and have the asset show on their balance sheet.
A VAT beneficial finiance option where the hirer can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment based on the anticipated resale value of the vehicle.
- GAP Insurance - GAP Insurance is an insurance policy designed to cover the difference between the amount owed to the Finance company and the insurance payout received in the event of a vehicle being written off as a total loss or stolen, the standard cover is £5,000 although up to £10,000 is available. There is another form of GAP insurance which is RTI (Return to invoice) GAP Insurance. We will be happy to provide further detail on this but essentially in the event of a total loss, it will pay out the difference between the current market value and the original invoice price.
- Personal Leasing - For private individuals who want a hassle-free and cost-effective way to finance and maintain a vehicle.
Consultation and assessment of your requirements may reveal that Drivewise - Network's personal leasing product - is the ideal vehicle finance solution for your business and personal needs.
Drivewise allows youto enjoy significant tax advantages, a choice of new or used vehicles every two or three years for a fixed monthly charge that's easy to budget for, as well as an all-inclusive maintenance and breakdown package.
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| Primary Market Areas |
- Logistics, Warehousing & Transport
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| Additional Products & Services |
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