Finance Options - Personal Contract
 This
option is an alternative to the traditional company car, where
benefits accrue to both driver and company.
You make a cash payment to the driver to enable them to provide
their own vehicle for business use. They then benefit from
features of a company without the resulting personal tax burden,
and the company has no arrangements, administration or other
financial commitments.
The driver enters into a personal agreement with us, and
benefits from our purchasing power, competition rates of interest
and low initial payment terms. The fixed monthly payment includes
a choice of a new or nearly new vehicle of their choosing,
routine maintenance, servicing, road fund license, and 24
hour roadside assistance.
At the end of the agreement the driver can opt to buy
or return the vehicle to us.
You can reimburse the driver for business mileage as a legitimate
business expense.
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