Finance

Our finance products include:

Finance facilities For The Business User


 Finance Lease

 

Benefits:

Low Deposit
Fixed monthly payments
Existing credit lines not tired up
Flexible repayment periods from 1to 5 years
Monthly rental allowance against tax
100% of VAT reclaimable on the rental of commercial vehicles
50% of VAT reclaimable on the rental of cars (where there is private use)
NO excess mileage penalty.

 

 Lease Purchases

 

Benefits:

Fixed monthly payments
Interest element of monthly payment allowable against TAX
Flexible repayment periods from 1to 5 years
Terminal rentals, which lowers the monthly repayment
Monthly payments not subject to VAT
Your own vehicle at the end of period, (subject to any outstanding terminal rental being paid).

 

 Contract Hire

 

Benefits:

Low deposit
Flexible repayment periods
Off balance sheet funding
No depreciation risk
Hand vehicle back at the end of the contract
Full maintenance package available
100% VAT reclaimable on rental of commercial vehicles
50% VAT reclaimable on rental of cars (where there is private use)
Rentals Allowable against TAX

 

 Hire Purchase

 

Benefits:

Flexible repayment periods from 1 to 5 years
Low or no deposit schemes available
Fixed monthly repayments
You own the vehicle at the end of the contract
Early settlement at any time.

 

Finance facilities For Private Individual

 Hire Purchase

 

Benefits:

Flexible repayment periods from 1 to 5 years
Low or no deposit schemes available
Fixed monthly repayments
You own the vehicle at the end of the contract
Early settlement at any time.

 

 Hire Purchases - Previous Credit Problems

 

Benefits:

No deposit necessary
This facility is for those clients who have county court judgement, arrears or a poor payment history.
Our free confidential service can help put you in the driving seat.
We can locate your vehicle and take your present vehicle in
as part exchange.

 

 Personal Lease Purchase

 

Benefits:

Flexible repayment periods from 1 to 5 years
Low of no deposit schemes available
Residual payment based on the age and mileage of the vehicle this gives a lower monthly payment over the life of the agreement.
Your own the vehicle at the end of the contract

 

 Cash

 

Benefits:

Allows you to benefit from the discounts we can negotiate on your behalf.

Call 0191 515 4000

DRIVERITE FINANCE LIMITED. Registered in England and Wales (Company No. 4606460)
Registered Office: North Sands Business Centre, Liberty Way, Sunderland SR6 0QA
Telephone: 0191 5154017 Fax: 0191 5154034