Pendle Vehicle Contracts: 0845 602 5697

Funding Options


Contract Hire

Finance Lease

Lease Purchase

Drivewise PCP

Contract Purchase



Finance Lease

Finance Lease gives you the advantage of running a vehicle without having to purchase the vehicles. At the end of the lease period you would sell the vehicle to an independent third party and retain up to 98% of the sale proceeds.

There is no large initial capital outlay. Fixed rentals offer protection against inflation.

Network purchase the vehicle of your choice, having agreed on a lease term, the monthly rental and a mutually acceptable residual value.

On termination of the contract, the vehicle can be sold.


Services Included:

  • * Free sourcing and delivery of your vehicles

Additional services which can be included:

  • * Motor Insurance, individual or fleet cover available
  • * GAP insurance up to a maximum of £5,000

Your only responsibilities:

  • * Choosing the vehicle

The Benefits:

  • * Fixed monthly rental contract for accurate budgeting and cash flow
  • * Minimum initial expenditure, typically three months in advance

The Disadvantage:

  • * Rentals allowable against Tax
 
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