Business Finance Options

Making perfect business sense

Nobody likes to feel ordinary and company car drivers are no different. Our stylish and extensive range means, whether you're a company car driver or fleet manager, everyone can make an impression. But business decisions are made with the head as well as the heart, so we've put together a range of finance options that make the bottom line as attractive as our cars. For example, we can save you a lot of time by providing the vehicle and finance in one go. And, of course, another line of credit is always useful in business. Please find below the variety of business finance options available:

Peugeot Contract Hire

Uncomplicated and flexible

Our Peugeot Contract Hire option makes managing your outgoings easy with regular fixed rentals and no depreciation to worry about. And with bucketfuls of options with which to tailor your agreement to your specific needs, you can concentrate on your business without worrying about your cars. Particular features of our Peugeot Contract Hire include:

Available from only one month's rental payment
Fixed rentals for the life of the agreement based on the mileage you choose
Pay monthly, quarterly, twice yearly or annually - whatever suits your business best
Contracts available from one to four years
Vehicle Excise Duty and Peugeot Assistance included in your monthly rentals for the duration of the agreement
Shell fuel card provided free of charge (though this is subject to your company's status)
Off Balance Sheet funding
Rentals can be offset against taxable profits
VAT is recoverable on rentals (100% for commercial vehicles and 50% for cars where private use is allowed).

At the end of the agreement simply return the vehicle and, providing your mileage is within the agreed limits and the vehicle has experienced normal wear and tear, you can walk away. But we think you'll be back.

Finance Lease

Fixed rentals with an end-of-term date

If you want the financial predictability of fixed monthly rentals but don’t want to keep the vehicle at the end of the term, our Finance Lease package is ideal for your business. And, when the agreement ends and you sell the vehicle as our agent to a third party, 100% of the proceeds of the vehicle’s sale are returned to you as rental rebates. What’s more, you can help keep your monthly outgoings down by agreeing on a future anticipated value of the vehicle (known as a balloon rental), which is payable at the end of the contract. And, because we recover VAT on the vehicle, we reflect this in our rentals, so Finance Lease is an attractive way to obtain a company car.

The benefits of Finance Lease include:

Available from only one month’s deposit
Fixed rentals for the life of the agreement plus an optional balloon rental option
Pay monthly, quarterly, twice yearly or annually – whatever suits your business best
Contracts available from one to four years
Shell fuel card available (though this is subject to your company’s status)
Rentals are allowable against taxable profits
VAT is recoverable on rental vehicles (100% for commercial and 50% for cars where private use is allowed).

Independence

For company car drivers with cash option

If you offer your company car drivers an allowance instead of a company car, Independence could be the answer. It’s simply a Personal Contract Hire option we have created especially for people who choose this alternative. One of our Fleet Sales Managers will work out whether your company is eligible and, if this is the case, take you through how the scheme operates. They’ll also discuss the individual employee validation process with you, so you know exactly who it’s available to.

There are many benefits to your company car drivers using their allowance in this way, including:

Low initial outlay – only one payment in advance
Fixed monthly payments based on mileage estimates set by the employees themselves
One to four year terms available
Full maintenance package with every contract (spreading the cost of wear and tear with easy monthly payments)
No depreciation to worry about, or getting rid of the car – they simply return it to us at the end of the term
Providing mileage limits are stuck to, and the car is returned in an acceptable condition, they’re free to walk away.

Lease Purchase

Combining the traditional ownership benefits of Hire Purchase with the favourable cashflow advantages of Leasing. You decide your initial outlay and the period over which monthly payments are made. We can help you reduce these by agreeing an anticipated future value of the vehicle, in the form of a balloon payment. At the end of the term, providing all payments have been made, the vehicle is yours.

Low outlay with typically only three to six months payments required in advance
Pay monthly, quarterly, twice yearly or annually - whatever suits your business best
Pay the final 'balloon payment' at the end of the term, to take full ownership of the vehicle
Vehicles are treated as an asset and appear on your balance sheet

Hire Purchase

Hire Purchase is the traditional finance option for businesses that want to purchase a car, without having any balloon payments at the end of the agreement term. You simply choose your deposit and the term of the agreement and, when all payments have been made, the car belongs to the business.

Low outlay with typically only three to six months rental payments required in advance
Fixed monthly VAT-free payments
Vehicles are treated as an asset and appear on your balance sheet

Compare all Business Finance Products

For more information please contact our Westover Peugeot Business Manager who will be happy to help.