Business Users | Inverness, Dingwall & Moray | Scottish Vauxhall

Finance Lease

Currently only available for Commercial Vehicles, Finance Lease is a flexible option which allows payment of the entire cost over an agreed period – or lower monthly payments with a final outstanding rental payment.

You decide the size of the final rental payment, according to your company’s cash flow requirements: the greater the final rental payment, the lower the monthly rental, and vice versa.

At the end of the term the customer has three options:

1. Sell van to a third party. If the sold value is greater/less than the agreed balloon, the customer receives a credit/invoice

2. Ask Vauxhall Leasing to sell van on their behalf. If the sold value is greater/less than the agreed balloon (after admin expenses) the customer receives a credit/invoice for the difference

3. Pay the balloon and continue to use the van on a peppercorn rental (£100 per annum)

Advantages to finance leases are:

  • Flexibility to vary terms to suit cash-flow and budgeting 
  • No major capital outlay 
  • VAT is recoverable on rentals (subject to certain restrictions) 
  • Entire rental can be offset against taxable profit 
  • Accurate cash flow forecasting through fixed company vehicle payments 
  • There are no mileage restrictions/penalties. However excess mileage will affect a vehicle’s value at the end of the contract 
  • Final asset value may be more than the final balloon payment 
  • Customer has option to have use of vehicle after agreement period

Contract Hire

Contract Hire is the ideal solution for small fleets that need company cars or commercial vehicles out on-the-road with the minimum fuss, leaving time to focus on the day-to-day running of the business.

Leasing a Vauxhall vehicle couldn’t be easier. Instead of paying to own it, you pay to use it.

Advantages to Contract Hire include:

  • No major capital outlay 
  • Accurate cash flow forecasting through fixed company vehicle payments 
  • Off balance sheet funding 
  • Administration handled by the leasing company 
  • Vehicle Excise Duty paid for duration of agreement 
  • Vauxhall Roadside Assistance (48 hour courtesy car available) 
  • No risk of depreciation as no need to sell vehicles

Outright Purchase

You may feel that the right option to give your business more flexibility is to wholly own your fleet vehicles. We offer enhanced purchase discounts on our range of company cars and award-winning commercial vehicles.

Advantages to outright purchases are:

  • No mileage restrictions
  • Easy to release capital in the vehicle at any time
  • No contractual obligations
  • Own the vehicle outright, no third party involvement