The monthly payments are not subject to VAT, however if you do take out the optional service package then you will have to pay VAT on the service costs.
PCP is ideal for any individual who would like options at the end of their finance agreement. PCP customers make an initial payment when they first take out the contract, then pay fixed monthly payments and finally have an Optional Final Payment (OFP) at the end at the end of the contract which is also referred to as the GFV (Guaranteed Future Value).
You can trade in or sell your vehicle at a dealership and take another vehicle from them. If the trade in value is larger than the OFP you will be able to use the difference towards a deposit on a new vehicle. Or, you can simply return the vehicle to the funder, as long as you have not exceeded the mileage and the vehicle is in an appropriate condition for its age there will be no charge. Finally, you can keep the vehicle either by paying the OFP in full or you will find that most companies offer the opportunity to re-finance the OFP.
* Vehicle images and descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer. All quotations are correct at the time of being published but are subject to change at any time without notification. We supply all makes and models of cars and vans on contract hire and leasing deals with delivery in England, Scotland, Wales and Northern Ireland - delivery charges may apply. Vehicles listed as being in stock are available subject to availability at the time of order and can be sold at any time without notice. All makes and models of cars and vans are available including but not limited to Abarth, Alfa Romeo, Alpina, Aston Martin, Audi, Bentley, BMW, Citroen, Dacia, DS, Ferrari, Fiat, Ford, Great Wall, Honda, Hyundai, Infiniti, Isuzu, Iveco, Jaguar, Jeep, Kia, Lamborghini, Land Rover, LDV, Lexus, Lotus, Maserati, Mazda, McLaren, Mercedes-Benz, MG, MINI, Mitsubishi, Morgan, Nissan, Peugeot, Porsche, Renault, Rolls Royce, SEAT, Skoda, Smart, SsangYong, Subaru, Suzuki, Tesla, Toyota, Vauxhall, Volkswagen and Volvo.
T: 0330 022 9040
Move Vehicle Leasing
55-57 Moorgate Street
Move Vehicle Leasing is a trading name of Move Vehicle Leasing Limited
Move Vehicle Leasing Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Reference No : 734782
Registered in England & Wales with company number : 09729677 | Data Protection No : ZA171391 | VAT No : 235 3484 09
Registered Office : Move Vehicle Leasing Limited, Move House, 55-57 Moorgate Street, Rotherham, South Yorkshire, S60 2EY
CONTRACT HIRE - WILL THE VEHICLE BECOME YOURS? You will never own the vehicle. At the end of the agreement, arrangements will be made to collect the vehicle.
Copyright © 2017 Move Vehicle Leasing, All rights reserved.