Funding Options

OAK TREE CONTRACT HIRE AND CAR LEASING FUNDING OPTIONS
Oak Tree has a wide range of contracts that can be tailored to suit every business/individual.

FUNDING PACKAGES
Contract Hire is a fixed contract term, users have a predetermined milage allowance over the contract term and simply hand the vehicle back at the end of the contract.

No depreciation risks + No disposal issues/costs + Off balance sheet funding + 100% VAT recoverable if sole business use applies, 50% VAT reclaimable if business/private use applies + Road fund licence is included for the term of the contract + Option to include maintenance for the contract term.

Finance Lease is a flexible funding option, allowing a client to retain or dispose of the vehicle at any time during or at the end of the contract.

Sole business use 100% VAT recoverable, 50% VAT reclaimable if business use/private use applies + Flexible – option to exchange or dispose of the vehicle throughout the contract + On balance sheet funding, shows as an asset + On disposal equity retained by user + option to include maintenance.

Contract Purchase has the benefit of fixed monthly payments with the option of ownership.

No depreciation risks + No disposal issues/costs + Balance sheet funding + Option to acquire the vehicle at a predetermined purchase price + Option to include maintenance.

Hire Purchase is a fixed rate funding option to acquire ownership on completion of the agreement.

On balance sheet funding + 25% writing down allowance up to a maximum of £3000.00 per annum + ownership + Option to upgrade or dispose of the vehicle during the agreement.

Lease Purchase has the same benefits as Hire purchase with the additional option to include a balloon payment to reduce monthly payments

Reduced payments + On balance sheet funding + 25% writing down allowance up to a maximum of £3000.000 per annum + Ownership + Option to dispose or upgrade the vehicle during the agreement

Personal Contract Purchase/Hire is available to employees opting out of a company car scheme and private individuals.

An alternative to a company car + Fixed monthly payment with the option to purchase + Option to include maintenance.

Sale & Leaseback allows companies to release capital invested in vehicles to reinvest in the business, enables the client to fund their current vehicles in a structures fixed cost contract

Release capital from a depreciating asset + Re-invest the capital into the company + Fixed cost contract.

ADDITIONAL OPTIONS
Short Term Contracts

Take advantage of our 6 and 12 month contracts especially useful for new employees before entering into a longer term contract.