citroen leasing - citroen c5 lease and contract hire

Citroen C5 Leasing - Contract hire

Business Citroen C5 Leasing is also known as a contract hire or lease purchase. The lease will be set usually for 2 or 3 years time and you will agree on the annual mileage at the start. The only difference between a personal Citroen lease and a business citroen lease is that on a business contract hire you wont have Vat included in the monthly price - thats it. You will still get the same levels of service as with the Personal contract hire in that you will recieve a full UK warranty with every contract hire car and also nationwide breakdown cover. Each year will include road tax inculded in the price and you will also have your new Citroen C5 delivered free of charge.Maintenance cover can also be included and for an increased monthly payments will cover you for any servicing and wear and tear items such as tyres.This can help with budgeting as you will always know how much is going out for the car costs.
A Citroen C5 leasing contract has a number of advantages over purchasing your chosen car. First off when you pay outright for a vehicle you will always have the problems of depreciation in that as soon as you drive the car away from the dealership it will loose money. This is a factor that will normally effect you every day until you get rid of the car.With a Citroen lease contract hire you will simply have the car collected at the end and have no final payments to make.You will be then free to arrange to have a new contract hire Leasing vehicle delivered.If you had purchased the C5 you would be more than likely to have entered a longer agreement upto 5 years in length or have a final payment to make to keep the car. After the three year mark though you will have to be aware that you will also have to MOT the car and pay for any faults that occur as the warranty will also have expired.All these factors help keep the running costs down for business usage but it will also allow you to not have any depreciating assests showing on the balance sheet. Vat that is paid on the lease is also reclaimable and the vehicle is actually tax deductable too.

If you have decided that a Citroen leasing agreement is the option for you then you will only need to provide some basic information such as company name,address history etc. This info is passed onto the finance companies underwritters and they will assess you application like any other finance proposal. Once approved your Citroen C5 can be ordered straight away and depending on stock - can be delivered within 7 - 10 days time.

Citroen c5 Leasing - contract hire lease purchase and citroen business leasing on Citroen c5

Citroen C5 Leasing - Contract hire