Vehicle funding: Contract Purchase
Flexible finance for business
When you finance cars and vans through Contract Purchase, you pay a series of monthly instalments for the vehicle.
Similar to Contract Hire, your agreement will last an agreed period of time and include predetermined mileage, with the option of adding services such as Maintenance and Breakdown Recovery.
With Contract Purchase:
Arval will set a guaranteed future value, which means at the end of the contract you’ll have the option to buy the vehicle or hand it back.
The VAT treatment of the assets will be tailored to your company’s specific requirements.
Your assets are shown on your balance sheet, so interest and capital allowances can be offset against taxable profits.
Further benefits of Contract Purchase
Flexible terms with the potential to own or return the vehicle at the end of the contract.
Arval’s buying power provides you with extremely competitive finance costs.
You can often “pool” mileage, if some vehicles have exceeded their allocated allowance and others haven’t.
Contracts can include Arval’s range of Maintenance, Accident Management and Breakdown packages – and more.
Financial certainty with fixed payments and pre-agreed end of-contract “balloon payment”.