Hire Purchase: Flexi-Buy
Flexi-Buy has all the traditional benefits of hire purchase, with the added flexibility of an optional annual payment of up to 20% of your remaining balance.
Hire Purchase
A simple finance solution giving you the benefits of ownership without the capital outlay.听You pay a deposit, then fixed monthly payments over a period that听suits. Interest charges are allowable against tax and you can reclaim the VAT at the start of the agreement. The vehicle will appear as an asset on your balance sheet and you will own it once all the payments have been made.
Key features
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| You own the vehicle听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 | Fixed payments听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 | Accurate budgeting听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 |
| A flexible deposit and repayment programme | Shows the vehicle as an asset on your balance sheet | Tax-writing down allowances available听 听 听 听 听 听 听 听 听听 |
| VAT fully reclaimable听 听 听 听听 | Interest charges allowable against tax听 听 听 听 听 听 听 | Balloon payments available听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听听 |
Hire Purchase explained
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FAQS
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PRODUCT GUIDE
Download your copy of the Hire Purchase product guide that explains the key features of the product.听
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