Pre registered Mercedes Benz leasing clearance offers

BUSINESS CONTRACT HIRE

Business contract hire offers fixed-cost motoring - you know exactly what your monthly payments will be, so you can budget accurately. Business contract hire is available to sole traders, partnerships and limited companies wishing to fund a single Mercedes or fleet.

Business contract hire is the most popular finance option for VAT registered companies when funding their Mercedes lease cars. VAT registered companies can reclaim 50% of the total payments made and all of the maintenance package costs.

Routine servicing and maintenance costs can be included for a small addition to the business contract hire monthly rentals. Scheduled servicing and maintenance can be carried out at a Mercedes Benz dealer of your choice.

Only a minimum outlay is required with business contract hire. You can benefit from maximum control of costs, tax advantages and reduced administration, allowing your business to budget more accurately.

Business contract hire - Finance and taxation benefits
Depending on the legal status of your company, business contract hire benefits include:

• Accurate monthly budgeting
• Choice of rental period
• Off balance-sheet
• Improved cash flow
• Minimum capital expenditure
• Fixed interest rates
• Rentals allowable against taxable income
• VAT recoverable on monthly rentals
• No depreciation risks
• Free delivery and collection (at end of contract) from mainland UK address

Business contract hire - Vehicle running benefits
Some of the benefits our business customers enjoy with business contract hire funding include:

• No vehicle disposal problems
• Fleet can be updated regularly
• Reduced administration
• On-going advice and support
• Road fund licence provided for duration of contract
• Optional maintenance package
• Optional breakdown rescue cover
• Optional replacement vehicle cover in event of mechanical breakdown

PERSONAL CONTRACT HIRE

Personal contract hire (PCH) is the most popular type of Mercedes leasing amongst private individuals and people opting out of a company car scheme. Personal contract hire offers affordable motoring for a fixed monthly cost and can make a car more affordable than you ever thought possible.

With a personal contract hire agreement you pay a fixed monthly amount for the use of a car for an agreed period, usually 12, 24, or 36 months - the lease period. At the end of the agreement we simply collect the car and you have nothing more to pay (subject to mileage and vehicle condition).

Personal contract hire means low monthly payments
Monthly payments with Mercedes personal contract hire are significantly lower than with a normal car loan. The monthly installments are calculated as follows. The guaranteed value of the car at the end of the agreement (based on agreed total mileage) is deducted from the initial purchase price of the car. Finance charges are added to this figure and it is then divided by the number of months that the personal contract hire agreement is taken over. As german marques like Mercedes-Benz generally hold their value well, the monthly payments can be lower than equivalent models from other manufacturers.

Personal contract hire can therefore make a Mercedes Benz car that you thought was financially out of reach, very affordable indeed. You just need to remember that you won't own the car at the end of the agreement. Other funding options are available that give you the option of car ownership.

Personal contract hire - the benefits

• Small initial outlay
• Low fixed monthly payments
• Predictable motoring costs
• Flexible terms from 24 to 48 months
• Road fund licence provided for the full term of the agreement
• Depreciation risks eliminated
• Optional maintenance package
• Optional breakdown rescue cover
• Optional replacement vehicle cover in event of mechanical breakdown
• Simple hand back at the end of the agreement
• Free UK mainland delivery and collection (at end of contract)

PERSONAL CONTRACT PURCHASE

Personal contract purchase (PCP) offers fixed-cost motoring - with affordability and flexibility. With personal contract purchase you can have a Mercedes lease car for a fixed term (24, 36 or 48 months). At the end of this time you have several options, one of which is ownership of the car.

Monthly payments with Mercedes personal contract purchase are significantly lower than with normal finance schemes. This is because the monthly installments are calculated from the purchase price of the car and the guaranteed value of the car at the end of the agreement. The difference between these two figures (plus any finance charges) is divided between the number of months you require the car for.

As most German marques, Mercedes-Benz for example generally hold their value well, the monthly amount is usually significantly lower than with other car funding methods.

Your options with personal contract purchase

1. Buy the vehicle - Either pay the guaranteed minimum value of the car that was agreed at outset of the agreement, or extend the agreement over a further period, to pay off the remaining amount.
2. Part-exchange the Mercedes car for another (if there is equity in the vehicle)
3. Sell the car privately (and settle the outstanding finance)

Personal contract purchase - the benefits

Personal contract purchase is an attractive option for private motorists and people opting out of company car schemes. It can make a wider choice of models available to you or can make a Mercedes model that may otherwise be out of reach, surprisingly affordable.

For total peace of mind and surety of motoring costs, scheduled servicing and maintenance costs can be included in a personal contract purchase agreement for a small additional monthly sum. Servicing and maintenance can be carried out at a main dealer of your choice.

• Keep your options open
• Fixed cost motoring
• Low initial payments
• Flexible terms from 24 to 48 months
• Fixed interest rates
• Road fund licence for the first year
• Optional servicing and maintenance package
• Option to purchase or return vehicle at end of contract
• No depreciation risks
• Free delivery and collection (at end of agreement) within mainland UK