We would like to reassure you of the actions that Perrys Leasing is taking as a responsible retailer at this challenging time to safeguard the health and well-being of our customers and colleagues. Whilst at this time many of our staff are working from home, we continue to remain open for quotations and general information about leasing and contract hire. You can contact us directly by email email@example.com
This is a concerning time for us all, so thank you for your ongoing support of Perrys Leasing. Our thoughts are with all who have been affected by the Coronavirus pandemic and it is important that we work through this as a community together.
Contract Hire, sometimes referred to as an Operating Lease, is a long term rental agreement. Contracts range from 12 to 60 months and are tailored to the businesses requirements.
The Contract Hire Company reclaims the VAT on the original purchase, which reduces your monthly rentals (which are + VAT). Contract Hire is a very popular choice for VAT registered companies as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use, no exempt turnover and not being on the Flat Rate VAT Scheme).
On contracts with maintenance the VAT on the service element is 100% recoverable. One of the major benefits is that there are no disposal worries as the future value is underwritten by the leasing company. Another benefit of Contract Hire is that it is generally 'off balance sheet funding' (subject to legislation change) which means it can improve your gearing ratio (assets to borrowing ratio) and therefore possibly your borrowing ability in the future.
Email : firstname.lastname@example.org
Telephone : 0330 019 5119
Company Address :
Sherwood Oaks Business Park
Perrys Leasing is a trading style of Perrys Motor Sales Ltd, who are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 307639
Registered in England & Wales with company number : 972286 | Data Protection No : Z6504500 | VAT No : 765334125
Registered Office : Perrys, Suite 1, 500 Pavilion Drive, Brackmills, Northampton, England, NN4 7YJ
Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.
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