Types of Finance
Whats finance options are available
Here at Dingles, we make financing a purchase or lease on a new or used vehicle as simple and cost effective as possible. With interest rates low, our range of products represents exceptional value.
We have numerous cost saving offers and flexible finance solutions available, that Dingles specialist business consultants will be able to advise on and will be more then happy to discuss these in detail.
Dingles offer simple cost-effective finance deals between one and five years that covers the following:
Contract Hire
- A business user lease arrangement
- Up to 100% VAT reclaimable
- Fixed Contract time period
- Flexible deposits
- Flexible monthly repayment amounts based upon the vehicle's cost, the predicted mileage, length of the lease and the expected depreciation
- Optional maintenance packages
- No vehicle disposal worries at contract conclusion
Hire Purchase
- The best-known method of financing a vehicle purchase
- Paying an initial deposit means you dont need large amounts of cash at the outset.
- Choose the size of the deposit
- Paying fixed monthly payments over a set period of time allows you to budget
- Choose how long you want the contract to run for
- Own the vehicle outright at the end of the term
- Useful for businesses buying assets that do not qualify for Fixed Asset Loans
Personal Contract Purchase (PCP)
- Ideal for those who regularly change their vehicles
- Lease a vehicle for a set period (usually 2 or 3 years) at a fixed monthly charge dependent upon its cost, intended mileage and its estimated value at the end of the contract
- Flexible Deposits
- Flexible repayment periods
- PCPs can attract less VAT then Personal Contract Hire
- Either make a final payment and keep the vehicle, return it with nothing further to pay or part exchange it against a new one
Personal Contract Hire
- Fixed cost motoring for private individuals or people who've left a company car scheme
- Can include maintenance, repairs and tyres to ensure stress free motoring
- No disposal or depreciation worries
- Potential savings from loss of tax liability
- VAT is built into the monthly payments. It is not reclaimable by private individuals, however, leasing companies can reclaim it and pass on these savings through lower financing costs.
For more information, please complete the enquiry form
