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Finance Options

Finance Options

Finance Options

Whether you are a private individual or a business customer seeking to obtain finance for a vehicle(s), we have several finance options available to you.

Contract Hire is a form of vehicle leasing used by a business over a set period, normally 2 to 4 years, with a fixed monthly rental. Our preferred method of funding, Contract Hire is extremely cost effective, particularly when operating a fleet of vehicles. It provides customers with a single monthly outlay which can include full maintenance/service costs, replacement tyres, road fund licence and, during major repairs, an alternative vehicle will be made available.

Hire Purchase is the traditional method of financing a vehicle, with the vehicle becoming the property of the customer at the end of the period. The monthly payment is determined by the size of deposit, the period of the contract, and the sale price of the vehicle.

Outright Purchase is a full upfront payment for a vehicle. Responsibility for Fleet Management can be controlled internally, or, for a small monthly fee, Agnew Leasing can ensure that all maintenance work is completed.

As a part of finance lease agreement, you can choose to pay the entire cost of the vehicle, including interest charges, over an agreed period. Alternatively, you can opt to pay lower monthly payment based on the anticipated resale value of the vehicle (otherwise known as the ‘balloon payment’). Throughout the agreement, the vehicle remains the property of Agnew Leasing.

Personal Contract Hire is a cost-effective means for a private individual to fund and maintain the vehicle of their choice. It consists of an upfront payment followed by regular monthly payments over a fixed period of time.

Agnew Leasing will buy your existing vehicle(s) at market price and lease them back to you at a fixed monthly payment. There are numerous advantages to this including improved cashflow, accurate budgeting, reduced administration, and tackling depreciation.

Choosing the best funding method can sometimes be challenging. At Agnew Leasing, we offer a full consultation with each client, reviewing their individual
requirements to create bespoke reports based on Whole Life Cost analysis to ensure all calculations are cost-effective, obtainable, and beneficial.

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Agnew Leasing department building entrance in Belfast

For more information on Finance Options contact us on 02890097108.