Gilder Vehicle Leasing Funding Options
There are a number of benefits to leasing vehicles rather than purchasing them and more and more individuals and companies are choosing to do so. These benefits may include:
- Removing the financial burden of owning a rapidly depreciating asset
- Releasing capital, improving cash flow
- A better ability to forecast vehicle expenditure with fixed monthly payments
- Removing the administrative burden of maintenance, repair, accident management and vehicle disposal
- Gaining the benefit of greater buying and bargaining power; reducing costs
There are many financial options available in the market place today and deciding how best to fund your vehicles can be very confusing. At Gilder Vehicle Leasing our time and expertise is used to ensure that all of your needs are considered. This enables us to provide details of the most suitable financial packages available for you to choose from. We are here to answer all of your queries and to offer flexible solutions to all of your vehicle needs. Enabling you to make an informed decision about what is best for you, no matter how many vehicles you wish us to supply.
To find out more about what options are available, please contact one of our advisors on 0845 0945 095 or simply click on the links below for a brief summary:
- Contract Hire
- Contract Purchase
- Finance Lease
- Personal Contract Hire
- Personal Contract Purchase
- Sale & Leaseback
Contract Hire
What is it Contract Hire?Contract Hire is a financially risk free option for operating your vehicle fleet. You pay a fixed monthly cost over a pre-determined period and Gilder Vehicle Leasing remove all of the financial risk and administrative burden from your business. Full servicing, replacement tyres, relief vehicles, breakdown cover and accident management can also be managed by Gilder Vehicle Leasing, so that all that is left to do is to fuel and insure the vehicles.
What are the financial benefits?Under Contract Hire, Gilder Vehicle Leasing take all of the financial risk in the running of the vehicle, including residual values, maintenance and vehicle depreciation. The vehicles do not appear on your balance sheet thus removing capital assets.
What are the VAT implications?Gilder Vehicle Leasing claim back 100% of the VAT on the purchase price of the vehicles, thus the capital cost for funding is greatly reduced and these benefits are passed on to you. You can also claim back 100% of the VAT on the servicing element of the rental cost and 50% of the finance rental cost, once the vehicle is on the road.
Contract Purchase
What is Contract Purchase?Contract Purchase offers all of the administrative benefits of contract hire, the difference being that you have the opportunity to purchase the vehicle at the end of the contract period. A payment at the end of the contract will make you the legal owner of the vehicle, however there is also the option to return the vehicle to Gilder Vehicle Leasing. You also have the option of taking full servicing, replacement tyres, relief vehicles, breakdown cover and accident management with the contract, thus further reducing your administrative burden.
What are the financial benefits?Contract Purchase is particularly suited to companies who cannot reclaim VAT, especially when financing more expensive vehicles in your fleet. In this instance it may make financial sense to retain the ownership of the vehicles. This offers all of the benefits of ownership, such as the ability to claim capital allowances.
What are the VAT implications?There is no VAT payable on the finance element of the agreement and you may receive Corporation Tax benefits on vehicles that cost over £25,000.
Finance Lease
What is Finance Lease?Finance Lease is an ideal alternative to the traditional Hire Purchase option as it gives you the ability to tailor the rentals to suit your needs. You may choose to pay back the entire capital cost of the vehicle plus charges over the agreed lease period or take the option of a final payment at the end of the lease so as to reduce the monthly rental payments.
The monthly rentals are determined by the initial cost of the vehicle, the rental period and the residual value of the vehicle (based on the anticipated contract mileage).
What are the financial benefits?Monthly payment schemes can be set to suit you, with a flexible initial deposit. Monthly payments are low and up to 100% of the monthly payments can be offset against profit - for businesses.
What are the VAT implications?Gilder Vehicle Leasing claim back 100% of the VAT on the purchase price of the vehicles, thus the capital cost for funding is greatly reduced and these benefits are passed on to you. You can also claim back 100% of the VAT on the servicing element of the rental cost and 50% of the finance rental cost, once the vehicle is on the road.
Personal Contract Hire
What is Personal Contract Hire?Personal Contract Hire is a solution for private individuals, that has grown ever more popular. As with Personal Contract Purchase, this is a flexible option for you and your employees, offering a wide range of vehicles to suit all monthly budgets. You can benefit from our experience and expertise when it comes to creating the most suitable package. Packages can include full servicing, replacement tyres, relief vehicles, breakdown cover and accident management.
What are the financial benefits?With Personal Contract Hire, there is a minimum cash outlay (low deposit), you also benefit from fixed repayments which ease cash flow and allow for budgeting. At the end of the contract you simply hand the vehicle back to Gilder Vehicle Leasing and we take care of the rest.
Personal Contract Purchase
What is Personal Contract Purchase?Personal Contract Purchase is a flexible option for you and your employees, offering a wide range of vehicles to suit all monthly budgets. You and your employees can benefit from Gilder Vehicle Leasing's experience and expertise when it comes to creating the most suitable package for you. Packages can include full servicing, replacement tyres, relief vehicles, breakdown cover and accident management.
What are the financial benefits?With Personal Contract Purchase, there is a minimum cash outlay (low deposit), you also benefit from fixed repayments which ease cash flow and allow for budgeting. There also option to purchase the vehicle at the end of the contact, or you can simply hand the vehicle back to Gilder Vehicle Leasing.
Sale & Leaseback
What is Sale and Leaseback?Sale and Leaseback is a solution for companies that have traditionally purchased their own fleet. This option gives the opportunity to free up substantial capital for re-investment into your business.
Gilder Vehicle Leasing will buy your existing fleet at an agreed price; we will then calculate a fixed contract hire rental. The monthly cost will be based upon the future value and mileage of your vehicles. The contract can be tailored to suit you and can include an array of services all aiming to add value to your fleet and reduce the administration burden.
What are the financial benefits?With Sale and Leaseback the vehicle fleet is taken off the balance sheet. All risks associated with the purchasing, operation and depreciation will be removed.
