DODGE HIRE PURCHASE
The simplest way to become a Dodge owner
With Hire Purchase, you pay a deposit. The actual amount is negotiable. The remaining amount (plus interest charges) is repaid in regular monthly payments. You can also choose from fixed or variable interest rates.
Main benefits:
- Ownership of vehicle
- Flexible deposit
- Repayments over a fixed period
- Fixed or variable interest rates
- Repayments in advance or arrears
Benefits to business:
- Payments not subject to VAT
- Interest may be allowable against taxable profits
- Writing down allowances are claimable
- Vehicle appears as an asset on the balance sheet
- Additional line of credit
