Auto Exchange offers specialist finance options together with a very high level of personal service for most types of vehicles including Mercedes, Porsche, BMW, Ferrari and most types of classic cars.
Hire Purchase
Contract Hire
Sale & Leaseback
Hire PurchaseContract HireSale & Leaseback
To discuss these services or any other ways in which Auto Exchange may assist, please Contact us.
Hire Purchase
Hire Purchase is a popular choice for private consumers, and is a very beneficial way of spreading the cost in budgeted monthly payments over a period of time.
Hire Purchase is a popular choice for private consumers, and is a very beneficial way of spreading the cost in budgeted monthly payments over a period of time.
If you were to borrow money to purchase a car you would make regular payments over a period of between 18-48 months depending on the age of the vehicle. On the final payment, ownership is passed to the customer.
Although the Finance Company owns the vehicle throughout the agreement, it is the responsibility of the customer to maintain and repair the vehicle at their own expense. The customer is also responsible for any loss or damage to the vehicle and therefore must be fully insured throughout the period.
Contract Hire
Contract Hire is the leasing of a vehicle, normally to a vat registered business or company, for a set time and mileage at a fixed monthly rental. The monthly rental is determined by the cost of the vehicle, the period and mileage covered as well as the resultant depreciation. Maintenance packages are often included within Contract Hire agreements, but are not obligatory. Sale & Leaseback
Existing Fleet vehicles could be purchased at an agreed realistic value and then leased back to you through the funding method of your choice. This method removes any residual value risk for your company and would enable a cash injection into your business thus increasing your working capital.
Contract Hire is the leasing of a vehicle, normally to a vat registered business or company, for a set time and mileage at a fixed monthly rental. The monthly rental is determined by the cost of the vehicle, the period and mileage covered as well as the resultant depreciation. Maintenance packages are often included within Contract Hire agreements, but are not obligatory. Sale & Leaseback
Existing Fleet vehicles could be purchased at an agreed realistic value and then leased back to you through the funding method of your choice. This method removes any residual value risk for your company and would enable a cash injection into your business thus increasing your working capital.
