Finance Hire Purchase

Mercedes-Benz Hire Purchase

Hire Purchase is an ideal choice for anyone looking at finance options that involve vehicle ownership. Put simply, Hire Purchase allows you to spread the payments for a vehicle over an agreed period of time typically 2 -5 years. Once all of the payments have been made the vehicle is yours.

The Benefits of Hire Purchase

  • Interest is allowable against taxable profits
  • Writing down allowances are claimable
  • Annual investment allowance
  • Vehicle is shown as an asset on the balance sheet
  • Repayments are not subject to VAT

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