Vehicle funding
Funding to suit your needs
We offer a range of funding options to suit different businesses and their different needs. Contract Hire is our most popular funding option and remains a simple, cost-effective and reliable option for many companies.
But we also offer options such as Finance Lease, Contract Purchase and even funding options for employees, such as Salary Sacrifice or Personal Contract Hire for staff. Read on to see which would work best for your business.
Contract Hire
Enjoy access to brand new cars and vans, without the initial large capital outlay required to buy. Fixed monthly costs help you manage cash flow and budgets. And this low-risk funding option gives you access to almost any make or model.
We agree the lease period with you, which then determines the fixed monthly payments. You also have access to a wide range of additional fleet management service options, including servicing, maintenance, tyres, breakdown cover and accident management. We even offer Insured Leased Vehicles through Arval Total Care, if you want a total fleet solution.
Arval Contract Hire also comes with minimal financial risk*. There’s no need to worry about selling on, as we own the vehicles, so you simply return them to us at the end of the contract.
*Excess mileage and end of contract damages may apply where relevant.
Why Arval Contract Hire?
Finance Lease
Our Finance Lease option is designed for companies who want new vehicles without the expense of purchase, or risk of charges such as excess mileage charges and end-of-contract damage fees.
Finance Lease particularly suits businesses that need reliable vehicles for intensive use, such as Light Commercial Vehicles (LCVs), or those happy to take the residual risk and reward of the vehicle once the contract ends. It also works where vehicle mileage and contract length are hard to predict.
With Finance Lease, we offer a pay-for-use maintenance product, rather than a fixed monthly cost.
Contract Purchase
This form of finance is a good option for customers who want all the benefits of Contract Hire, but with the option to purchase the vehicle at the end of the lease.
Contract Purchase works in much the same way as Contract Hire, but the vehicle will sit on your balance sheet. You claim ‘writing down’ allowances and Arval will set a guaranteed future value for the vehicle. So at the end of the contract, you have the option to buy the vehicle or hand it back.
If your company is VAT registered, you determine the VAT status of the vehicle. Contract Purchase also enables you to pool mileage across the fleet.
Sale and Leaseback
We also give customers the option to take advantage of Sale and Leaseback.
Also known as Purchase and Leaseback, this is a quick, simple and efficient way for businesses of all sizes to release the true value of their fleets.
In essence, you sell your vehicles to Arval, but continue to use them under the terms of a leasing agreement (usually Contract Hire).
Advantages of Sale and Leaseback include:
- a cash injection
- improved cash flow,
- a healthy balance sheet
- removal of residual risk
- easy monthly payments through a single invoice.
It enables you to release capital, while reducing exposure to the unpredictability of the used car market.