Commercial vehicle finance

Hire Purchase

The VAT on the cost of the vehicle is usually paid with the deposit and can be reclaimed by VAT registered businesses. Fixed VAT exempt monthly payments follow.

You own the vehicle when the last payment has been made, which includes a nominal "option to purchase" fee. Residual or balloon payments may be available which reduce the monthly rental amount but leave a "lump" to be paid at the end.

This method of finance provides the same writing down allowances as cash purchase, and additionally tax relief on the interest element of each payment.

Request a Quote

Commercial Vehicle Finance Lease

This is available to business users only. The agreement consists of an initial payment followed by fixed monthly payments. All the payments are subject to VAT, which can be reclaimed by VAT registered businesses.

At the end of the agreement an annual secondary rental will apply to keep the vehicle. When you sell the vehicle you will retain at least 95% of the net sale proceeds.

Every payment can be treated as a business expense for tax purposes.

Request a Quote

Focus Leasing, 1 London Road Office Park, London Road, Salisbury. SP1 3HP