Finance Solutions
Business Finance Information

We understand the importance of keeping your business moving, so whether you’re starting up, expanding your fleet or just need to replace an existing vehicle, call our sales team… we’re here to help.

In the demanding and competitive business world we live in today, it is not only essential that you choose the right vehicle for the right job, but also that you choose the best finance option to give your business the competitive advantage.

The right options

Being independent means that at Maxi Mover we work with all the leading finance providers to give you the best possible deal to suit your requirements, on time, first time, every time.

We can offer the complete range of purchase options which include:

  • Hire Purchase
  • Finance Lease
  • Contract Hire

Hire Purchase

Finance Lease

Contract Hire

Finance Lease is a solution for those who want to drive one of our vehicles over a fixed term, with lower monthly rentals and without the worries or concern of ownership.

finance

The Benefits of
Finance Lease

  • Offset the whole rental amount against taxable income
  • No mileage restriction
  • Monthly rentals are fixed but there’s flexibility through variable deposit options.
  • Ability to offset a proportion of the vehicle cost as a final ‘balloon payment’
  • Reduced monthly rentals result in positive effect on your cash flow
  • Possibility of reclaiming tax relief o nFinance Lease rentals depending on business usage (50% VAT reclaimable on cars, 100% reclaimable on LCVs).

At the end of your
agreement

You will get three choices when your agreement comes to an end:

Selection 1 –
Sell the vehicle

We’ll forward your share of the balance of proceeds to you once anything owed to us, including any sell-on expenses have been settled.

Selection 2 –
Return your vehicle

You can sell the vehicle on behalf of the finance pro- vider and receive a share of the sale proceeds, assuming no balance is owed.

Selection 3 –
Keep your vehicle

If you want to continue to use the vehicle you can pay a nominal fee (usually one month’s rental) and carry on driving for the whole of the following year.

Finance Lease helpful FAQ's

01   WHAT ARE THE ADVANTAGES OF HIRE PURCHASE?

There are many advantages to Hire Purchasing your next low loader van;

  • Flexible initial deposit and payments
  • Flexible payment terms (12 to 60 months)
  • Fixed repayments
  • Fixed interest rate
  • No mileage restrictions
  • Fixed payments are not subject to VAT because you pay it all upfront
02   WHAT ARE THE DISADVANTAGES OF HIRE PURCHASE?
  • You will only own the vehicle after the final “Option To Purchase” fee is paid. Until then, the Luton van is the property of the funder.
  • You are required to pay the “Option To Purchase” fee at the end of the agreement, there are no other options to choose.
  • Monthly repayments tend to be higher than other finance options because you will be paying off the full value of the van.
03   DO I KEEP THE LUTON VAN AT THE END OF THE AGREEMENT?

Yes, with a Hire Purchase you are paying for ownership of the low loader van over the agreement length. Once you pay the option to purchase fee (usually £100-£200), you will have full ownership of the Luton van.

04   DO I HAVE TO BE VAT REGISTERED?

No, Hire Purchase is available to you whether you are VAT registered or not.

05   ARE THERE ANY MILEAGE LIMITATIONS?

No, there are no mileage restrictions associated with a Hire Purchase agreement. This is because the residual value does not need to be calculated as you will own the vehicle at the end of the agreement.