Loan – For purchase of a vehicle
for private or domestic use. The vehicle is used
as security for the loan. Term 12 -60 Months.
– Allows immediate use of a vehicle for business.
Ownership is yours from the beginning of the agreement.
Term 12-60 Months.
– 3 way agreement between Corporate &
Commercial Solutions, you and your employer. As
the employee you have responsibility for the vehicle
and your employer arranges for the monthly payments
to be made out of your pre-tax income. Term 12 –
Corporate Hire Purchase –
Immediate use of a vehicle. A hire purchase agreement
is a contract for the hire of the goods with an
option to buy the goods at any time during the agreement.
Can be approved in the name of an individual or
company. Term 12 -60 Months.
Finance Lease – Flexible
way to obtain new vehicle or equipment with little
or no capital outlay. The financier owns the vehicle
or equipment agrees to lease to you for a prescribed
amount each month. At the end of the lease subject
to approval purchase the goods for the residual
amount. Finance Lease is for the business user.
Term 12– 60 Months.
for more information.