Whether you are a business user or a corporate fleet buyer, there are many ways in which to finance a Mercedes-Benz or smart car. We have outlined some of these finance options below as a guide to how the different schemes work and to help you to decide which may be the most suitable funding option for your individual business requirements.
As a leading supplier of Mercedes-Benz and smart cars to UK businesses, we have a wealth of experience and expertise in car finance. We can help you find exactly the right funding method for your company. Call 0844 375 3263 and find out just how affordable a Mercedes-Benz or smart could be.
Car finance options for our business customers
Business contract hire
Contract hire is the only off balance-sheet car finance option for businesses. Available to sole traders, partnerships and limited companies. VAT is recoverable with no risk of ownership. Rentals allowable against taxable income. No depreciation risk. Optional service and maintenance packages.
More about business contract hire.
Browse our best Mercedes-Benz and smart contract hire and car finance deals here.
Business contract purchase
Contract purchase is a car finance agreement with options at the end of the contract. These include settling the outstanding finance and buying the car or simply handing it back*. No large initial payment. Capital allowances available. No depreciation risk. Servicing and maintenance package are available as option.
More about business contract purchase.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
Business finance lease
A finance lease is especially suited to VAT registered companies. The car is an on balance-sheet asset with the VAT is recoverable. Payment can be for the entire cost of the vehicle over the term, or monthly rentals can be reduced and a final rental (a balloon payment) payable at the end (based on the pre-agreed residual value of the car).
More about business finance leasing.
Browse our best Mercedes-Benz and smart contract hire and car finance deals here.
Business lease purchase
Lease purchase is a car finance option similar to contract purchase. However with a lease purchase contract you agreed at the outset to purchase the car at the end of the term. VAT is recoverable only if the vehicle’s sole use is for business. Capital allowances are available. Residual value risk lies with you.
More about business lease purchase.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
Friendly expert car finance advice
For more information and advice regarding the car finance options that will be most suitable for your business requirements call 0844 375 3263 and speak to one of our car finance experts.
Browse our best Mercedes-Benz and smart contract hire and car finance deals here.
*Subject to terms and conditions. Written details available on request.