For companies who have difficulty in reclaiming VAT, a hybrid financing agreement may just be the scheme you're looking for. Our contract purchase option is the perfect choice.
Contract purchase is, essentially, a conditional sale agreement with a balloon payment at the end of contract, with the optional provision of additional services as provided by Lombard Vehicle Solutions, under a separate maintenance agreement. Customers, therefore, avoid paying VAT on depreciation and funding and a re-purchase agreement ensures the vehicle can be bought back at the end of contract for a pre-determined price.
- Low initial payment
- Regular fixed monthly rental payments
- No risk in resale values
- Economies of scale delivered via lessor
- Maintenance inclusive contracts will remove risk of running costs
- VAT payable only on maintenance element