Limo Finance and American Car Finance

Limo FinanceAmerican Car Finance… Finance for stretch limos and American cars.

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American Car Finance has several ways to help finance your vehicle. If require any help or advice please give us a call.

Hire Purchase/Lease Purchase

A simple repayment facility where you own the vehicle at the end. Repayments can be structured in a flexible way using initial payments and possibly a ‘balloon’ (final lump sum).

Key Features and Benefits:

  • With ownership you have total control over the vehicle.
  • If the vehicle is for business use, VAT on the cost of the asset is normally reclaimable.
  • We can defer the VAT payment until month 3 of the agreement, by which time you have claimed it back. This is aimed at VAT registered businesses.
  • Fixed or variable interest rate – you can choose.
  • The vehicle appears on your balance sheet.

Finance Lease..

A popular flexible method of funding if the vehicle is for business use. A Finance Lease offers all the practical benefits of ownership without any of the potential burdens.

Key Features and Benefits:

  • When the asset is sold you normally receive the lion’s share of the sale proceeds.
  • The flexible repayment structure gives you immediate and full use of the asset for a minimal outlay.
  • Fixed or variable interest rate – you make your own assessment and choose accordingly.
  • Rentals can normally be offset against taxable profit. Vehicle treated as ‘on-balance sheet’.
  • VAT is paid on the rentals not the purchase price.
  • The funder, as the owner of the asset, claims writing down allowances, and these are reflected in the rentals you pay.
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One Response to “Limo Finance and American Car Finance”

  1. p williams says:

    looking for finance on 2 limos can you help

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