Vehicle Finance and Leasing

Vehicle Finance and Leasing

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WestWon has over 17 years’ experience in the motor industry. We specialise in car and commercial leasing throughout the United Kingdom.

Please feel free to contact us if you wish to finance a car you wish to purchase. Alternatively, please email us or call our friendly sales team and we will do our best to source the car and specification you are looking for.

We deal in all aspects of car leasing and vehicle finance to suit professions, businesses and large fleet customers.

Agreement Types

See what finance arrangement suits your needs best…

Hire Purchase

FIXED RATE

A fixed rate allows you to purchase a vehicle with monthly payments which will stay the same throughout the agreement term. Budget wise, this is the most efficient route as you will always know what you are paying. This means there will never be any extra payments to make. Depending on the cash flow of your business, you can time your payments to line up with it. When you have paid the final payment, the vehicle becomes yours. This is also subject to you meeting the terms and conditions laid out to you in your agreement.

WHAT IS A FINANCE LEASE?

A finance lease is an extremely adaptable way to lease your vehicle. It is also tax efficient. You don’t have to source and use other capital resources. This as well as it being flexible offers a very efficient type of lease.

The rentals on your lease are fully tax deductible. The finance lease will enable future cuts to take place to your tax bill. This happens when you expect a larger revenue to be achieved.

When the lease agreement term has ended, you are able to choose between two options. The first is to extend the agreement (which consists of a nominal secondary rental fee). The second is to profit from most of the net income.

Finance Lease

Finance Lease

WHAT IS A FINANCE LEASE?

A finance lease is an extremely adaptable way to lease your vehicle. It is also tax efficient. You don’t have to source and use other capital resources. This as well as it being flexible offers a very efficient type of lease.

The rentals on your lease are fully tax deductible. The finance lease will enable future cuts to take place to your tax bill. This happens when you expect a larger revenue to be achieved.

When the lease agreement term has ended, you are able to choose between two options. The first is to extend the agreement (which consists of a nominal secondary rental fee). The second is to profit from most of the net income.

Sale & Leaseback

ADVANTAGES

With a sale and leaseback there are several advantages. The process is simple and fast. Here at WestWon Dental our turnaround aim is 24 hours for approval. There’s also less risk, meaning interest rates are, in most cases, lower. A sale and leaseback does not affect invoice discounts either. However, a sale and leaseback can only be done on the basis the vehicle is refunded within 3 calendar months of purchase.

Slightly different to a hire purchase, we can lease the vehicle back to you. However, you will still have full access and use of the vehicle. As well as this, all the monthly payments you will make are tax deductible.

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