Contract Purchase

Contract Purchase from Plan allows you to enjoy all the benefits of contract hire while giving you the option to own the vehicle at the end of the agreement when you have the choice of making a final 'balloon' payment or simply handing back the vehicle. Contract purchase is ideal if your company cannot take advantage of the VAT benefits of contract hire, or your fleet includes expensive vehicles.

Some of the key Features & Benefits are:

• On balance sheet funding
• Can be more tax efficient
• Fixed repayments
• No VAT attracted to rentals
• Removes uncertainty of residual value fluctuations.
• Takes advantage of Plan's purchasing power.
• Reduced administration
• Tax relief available on Interest and Maintenance

Additional services can be taken to further remove your administrative and financial burden, including:

• Insurance Packages
• Breakdown Facilities
• Maintenance
• Fleet Administration
• Relief Vehicles