FB Contracts - Solutions for Contract Car Hire & Vehicle Leasing in Swindon & Wiltshire:
Contract hire in Swindon is fast becoming the most popular method of vehicle funding. We offer a fixed monthly payment that can incorporate maintenance, breakdown cover and relief vehicles in Swindon. Whatever your business requirements, our sales team can advise on the most suitable payment method and provide some of the most competitive deals available to the market. FB Contracts - providing solutions for van leasing and personal contract hire in Swindon and Wiltshire.
Contract Purchase
This is a popular choice for companies wishing to acquire high value vehicles and have the option to purchase with no depreciation risks. In effect it combines Lease Purchase with the service options of Contract Hire.
It has been designed to benefit customers who cannot register for VAT or who are partially VAT exempt.
Contract Purchase is very popular with companies requiring executive cars with an anticipated low annual mileage.
How does it work?
Using our fleet purchasing power, we source the vehicle(s) of your choice and deliver free of charge. You will previously have agreed a contract term, annual mileage, service options, guaranteed option-to-purchase price, and the monthly rental. On termination of the contract you choose either to return the vehicle with no further commitment, or to pay the agreed option-to-purchase price.
The benefits
Minimum initial expenditure (typically three months in advance)
Fixed monthly rental allows accurate budgeting and cash flow forecasts
No capital tied up in a depreciating asset
If you choose not to purchase at the end of your contract, any depreciation is not your responsibility
Constant mobility with no purchasing or disposal hassles
VAT payable on service options only
Vehicle shows as a balance sheet asset
Capital allowances claimable against taxable profits
