Contract Options
Business
Business Contract Hire is a tax efficient method to acquire vehicles. Based on a fixed monthly repayment term with an agreed mileage allowance with or without a maintenance contract. The repayment/maintenance rentals attract VAT.
Business Contract Purchase offers the business the option to own the vehicle by paying the pre- agreed purchase amount at the end of the agreement. An optional maintenance contract is available.
Contract Purchase is suitable for businesses that are not VAT registered and who would like an
opportunity to purchase the vehicle at the end of the contract.
Personal
Personal Contract Hire (PCH), as the name implies, is for individuals who want to use a car without wishing to own it. Again based on a fixed term with an agreed mileage allowance with or without maintenance.
Again, maintenance can be included in your fixed monthly rental, providing piece of mind your contract covers routine maintenance and tyres.
Purchase (PCP) offers the customer the option to buy the car at a pre-agreed price or hand the car back at the end of the agreement.
Light Commercial Vehicles
LCV's up to 3.5 tons are available on all types of funding options for business users only. Not available to private individuals with the exception of pick-up trucks such as Nissan Navara, Toyota Hi-Lux etc.
Vehicles include vans, Luton vans, tippers and chassis cabs but exclude specialist vehicles such as glass carriers and refrigerated units.
Contract Hire and Contract Purchase with and without maintenance. Finance lease & hire purchase available with and without a balloon. Over 3.5 Tons and specialist vehicles can be financed through our Asset Finance partners.
Asset Finance
Caledonian Leasing offer a range of commercial finance products from our association with the UK's largest finance houses to enable the acquisition of most business assets including excavators, printing machines, heavy goods vehicles, trailers and many other types of business assets. We can arrange stage payments, seasonal payments and other repayment terms suited to the client's individual requirements.
Our experienced team of asset finance professionals will be delighted to meet with you to discuss funding the acquisition of any plant, equipment or commercial vehicles you may be considering for your business.