Outright Purchase
Outright Purchase
Clearly own or borrowed funds need to be available in order to make outright purchases. The main advantage of this method is the freedom to act, when, with whom and what models/manufacturers.
There is no question about title and the assets are part of the organisation asset base and appear on the Balance Sheet. Very much favoured by financial institutions where cost of borrowing is low and a healthy asset base is part of their stock in trade. Not favoured by cash strapped service industries where return on investment (ROI) is considered a key measurement.
Other fleet purchase options:
Hire Purchase
Lease Purchase
Car leasing explained
One of the most popular forms of car leasing in the UK is Contract Hire, which is available to both business users and consumers (private individuals).
Frequently asked questions
Leasing a car with us is very easy, and to help even more, we've complied a list of answers to some of the questions we get asked.
Car leasing jargon buster
Don’t let complicated terminology stop you finding the right car to lease. Our jargon buster explains some of the most commonly used words and phrases.
The Duke of Edinburgh’s Award
Car leasing made simple is proud to support The Duke of Edinburgh’s Award - making a difference to over 275,000 young people across the UK every year.
