Staffcars Limited
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Outright purchase

If you like to buy your vehicles outright, Staffcars can help.  We can buy vehicles direct from manufacturers and from dealer groups at huge discounts.  Before you consider this option you do need to look at the pro's and con's of the other forms of finance in this section to see how they compare.

Some companies like buying vehicles outright because the company owns that asset, you can claim capital allowances and the interest cost is allowable as a tax deduction.  You must remember however that vehicles are heavily depreciating assets and VAT on the purchase in not redeemable.

If you want more information about outright purchase and to discuss if it is right for your company just give Staffcars a call.

 

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http://www.staffcars.co.uk/how-it-works/product-information/outright-purchase.html

Page updated 19th Oct 2009, 22:39

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