Finance - Ownership

If vehicle ownership is your preferred route, there are 3 main options to choose from:

  • Hire Purchase – a traditional payment instalment agreement. Repayments can be made over a maximum of 60 months. Minimum deposit of the VAT content only.
  • Finance Lease – also known as Lease Purchase. Your monthly payments are + VAT, so you don’t have any cash flow issues of having to come all VAT on the vehicle up front. You keep 95% of sale proceeds when you sell / part exchange the vehicle at the end of the agreement
  • Mercedes-Benz Agility – more commonly known as Contract Purchase (or PCP). A method of acquisition where the monthly payments are substantially lower than the above 2 options, as there is an optional future buyback (Guaranteed Future Value) at the end from Mercedes Benz.

However, you can still choose to keep the vehicle at the end of the agreement & pay this off over a further 12 months (or indeed part exchange it), giving you greater flexibility.

All of the above purchase products allow you to take advantage of the tax Annual Investment Allowance, introduced in the 2008 Budget, which allows you to write off 100% of the investment off (up to a maximum of £50,000 in any one tax year)

For more details and expert advice on the best finance package to suit you, please call our Business Manager Steve Walker:


 Telephone Contact
Steve Walker

01254 870990

mobile  07901 558110

icon-email.png s.walker@ciceley.com