OAK TREE CONTRACT HIRE AND CAR LEASING FUNDING OPTIONS Oak Tree has a wide range of contracts that can be
tailored to suit every business/individual.
FUNDING PACKAGES
Contract Hire is a fixed contract term, users have
a predetermined milage allowance over the contract term and
simply hand the vehicle back at the end of the contract.
No depreciation risks + No disposal issues/costs + Off balance
sheet funding + 100% VAT recoverable if sole business use applies,
50% VAT reclaimable if business/private use applies + Road fund
licence is included for the term of the contract + Option to
include maintenance for the contract term.
Finance Lease is a flexible funding option,
allowing a client to retain or dispose of the vehicle at any
time during or at the end of the contract.
Sole business use 100% VAT recoverable, 50% VAT reclaimable
if business use/private use applies + Flexible – option
to exchange or dispose of the vehicle throughout the contract
+ On balance sheet funding, shows as an asset + On disposal
equity retained by user + option to include maintenance.
Contract Purchase has the benefit of fixed
monthly payments with the option of ownership.
No depreciation risks + No disposal issues/costs + Balance sheet
funding + Option to acquire the vehicle at a predetermined purchase
price + Option to include maintenance.
Hire Purchase is a fixed rate funding option
to acquire ownership on completion of the agreement.
On balance sheet funding + 25% writing down allowance up to
a maximum of £3000.00 per annum + ownership + Option to
upgrade or dispose of the vehicle during the agreement.
Lease Purchase has the same benefits as Hire
purchase with the additional option to include a balloon payment
to reduce monthly payments
Reduced payments + On balance sheet funding + 25% writing down
allowance up to a maximum of £3000.000 per annum + Ownership
+ Option to dispose or upgrade the vehicle during the agreement
Personal Contract Purchase/Hire is available
to employees opting out of a company car scheme and private
individuals.
An alternative to a company car + Fixed monthly payment with
the option to purchase + Option to include maintenance.
Sale & Leaseback allows companies to release
capital invested in vehicles to reinvest in the business, enables
the client to fund their current vehicles in a structures fixed
cost contract
Release capital from a depreciating asset + Re-invest the capital
into the company + Fixed cost contract.
ADDITIONAL OPTIONS
Short Term Contracts
Take advantage of our 6 and 12 month contracts especially useful
for new employees before entering into a longer term contract.
