We offer the same contract hire experience and offers to our private customers. So whether you are after a single vehicle on a contract hire leasing package or a fleet of vehicles on a fleet management package, we can offer the right deal, quickly and efficiently.
Our prices are updated regularly, which means we always offer a competitive deal on all makes and models. If you don't see what you are looking for please use our enquiry form and we will come back to you with our best deal.
A very popular choice for VAT registered businesses as this is a VAT beneficial financing package, one regular payment covers all (including maintenance if required) for an agreed period and mileage. Road fund licence is included and all you do is insure it and put in the fuel. At the end of the term, you just hand back the vehicle or extend the hire, the choice is yours.
Ideal for VAT registered businesses that want to handle the admin of their vehicles and have the asset shown on the balance sheet. A VAT beneficial finance option were 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.
For businesses with high value cars that would like the option to purchase the vehicles but do not want any depreciation risks. The business acquires the vehicle by paying fixed monthly instalments with the asset being shown on the company balance sheet and can either retain ownership at the end of the contract or hand the vehicle back.
For non-VAT registered business or individual that want eventual ownership of the vehicle. A funding agreement where ownership is acquired when all the payments, including the option to purchase have been made. Part of the capitol cost of the vehicle payment may be deferred into a "balloon" payment at the end of the agreement, the anticipated value of the vehicle. If ownership is not important and the business is VAT registered, the best value for money is Contract Hire.
Personal Contract Purchase (PCP) is by far the most popular method of funding your vehicle when taking a "Cash for Car" option. It is essentially a purchase agreement where the monthly payment is kept low by the implementation of a Guaranteed Future Value (GFV). The GFV is stated at the outset of the contract and is determined by your annual mileage. At the end of the contract term, you have three options:
Personal Contract Hire (PCH) gives the user a fixed equal monthly rental for a fixed contract term and mileage. At the end of the contract the vehicle is simply handed back. Popular with company car drivers who are given a car or mileage allowance instead of company vehicle. It allows the individual to make his/her own choice and arrangements. This will avoid benefit-in-kind taxation. The finance company assumes the risk of the residual value of the vehicle.
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Best Car Lease, 55 Penn Rd, Wolverhampton, WV2 4WW, Tel: 01902 310130,
Fax: 01902 313 022, Email: enquiries@bestcarlease.co.uk
BCL is a licenced credit broker.