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21st Jul 2018 - We supply all makes and models at competitive prices please ring or email your exact requirements!
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Testimonials

Just wanted to than you re your help with the recent car lease. The car is exactly what we need. As usual the customer car from you guys was exceptional. That's why I have gotten all my cars through Finance 1 and I will be knocking on your door when the current lease is up!

Mr T O'Reilly

Took delivery of the car this morning. Just a short note to thank you both for sourcing and acquiring a vehicle so quickly for me. I will certainly be recommending Finance 1 to colleagues and friends.

Michael Usher

Just want to say Thank You to David and all at Finance One for yet another fantastic car and service. Could not be happier

Mr M Reed

The one thing about your company that stands out the most, is the service and within that service is the incredible patience you showed.

Mr D Bridge

Wanted to say a massive thank you to all at Finance One with acquiring my new car. LOVE IT!

Oliver Thompson

Finance paid out in just 3 hours! Thank you once again for your prompt and professional service.

Mr Hassan Emin

Finance One has just sourced a new commercial van for me, in a simple and extremely cost effective manner. The service provided was efficient and most importantly the van sourced was much cheaper than any high street or internet dealer that I had approached. Thank you for the professional and stress free experience.

Mr G Browne

The car has been delivered, no problems at all.

Thank you so much for making sure everything went smoothly.

R Saunders

We recently purchased a van from you and I wanted to take the opportunity of thanking you for making it a smooth operation.

We needed a new van on the road asap. From my first phone call to you to taking delivery of the new van was approximately a week. This helped us to continue to do business for our clients with minimal disruption to our regular service.

You and your team were on hand throughout the process with any questions that I had along the way answered and the paperwork side of things was made clear and transparent to me. The price was good and we will certainly be recommending you to our clients, acquaintances, friends and family.

Craig R Smith

Just wanted to say a big thank you to you all for arranging the car for last Wednesday. The delivery driver was fantastic and made it so special. Many thanks for co-ordinating it all, it made Lucy's 18th birthday so special

Ms D Disley

co2 Up to 75 g/km (Low CO2)co2 0-0 g/kmco2 1-50 g/kmco2 51-75 g/kmco2 76-90 g/kmco2 91-100 g/kmco2 101-110 g/kmco2 111-130 g/kmco2 131-150 g/kmco2 151-170 g/kmco2 171-190 g/kmco2 191-225 g/kmco2 226-255 g/kmco2 256> g/km
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Finance Lease

Finance Lease is a popular funding option for commercial vehicles or vans where Contract Hire is not always suitable or the best option.

Your business uses the vehicle while paying a rental rather than a repayment. The monthly rental is determined by the initial cost of the vehicle (excluding VAT), the period of the finance lease and the residual value (the estimated future value of the vehicle at the end of the finance lease period once depreciation is taken into account), plus interest.

Advantages:

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • A fixed interest rate is available on some contracts
  • No damage recharge as you are responsible for disposal of the vehicle
  • Finance lease is a very popular choice for VAT registered companies and businesses as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use). On contracts with maintenance the service element VAT is 100% recoverable
  • Rentals can be offset against the businesses profits. Cars with a CO2 output above 130g/km are currently subject to a 15% disallowance on the amount of the rental that can be claimed against the businesses taxation, for cars with a CO2 output of 130g/km or below, there is currently no disallowance
  • Reduced administration
  • On-going advice and support
  • Optional full maintenance package with breakdown rescue cover
  • Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company

Disadvantages:

  • You will never own the vehicle as the vehicle must be sold to a third party as the end of the agreement
  • Operating risk associated with the vehicle
  • Interest rates can vary on some contract
  • You must have fully comprehensive vehicle insurance

More Information on Finance Lease:

Although you never take ownership, at the end of the finance lease contract a payment equivalent to the residual value is payable. Usually this means that the vehicle is sold and a proportion of the proceeds of the sale are returned to the lessee.

Most finance lease companies will offer a number of payment options to suit your cash flow. You can lower the monthly rental with a balloon payment at the end of the contract, or you can pay the entire cost in monthly rentals (normally referred to as a fully amortised Finance Lease), in which case you may be able to extend the finance lease with a secondary rental (sometimes called a peppercorn rental).

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