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Below is a brief explanation on payment types available, if you need more information, please get in touch and one of our specialists will be happy to help.
CONTRACT HIRE
Contract Hire is a comprehensive motoring package, enabling you to drive a new vehicle of your choice at reduced, fixed amounts. As you simply rent the vehicle, your finances are free from investing large amounts of money in purchasing a brand new vehicle, and there is no risk of depreciation. If you choose to take out a maintenance contract (which is incorporated into your monthly rentals), you will be covered for servicing, repairs, breakdowns and tyre costs, simply leaving insurance and fuel to pay for.
Contract Hire offers great flexibility with contracts lasting from one to four years, to additional options including maintenance cover and also a relief vehicle available. If you are VAT registered, you can recover up to 100% VAT for commercial vehicles (50% for cars including private use). Full tax relief is also available if you are non-VAT registered, depending on your chosen vehicles emissions and the use of the vehicle.
At the end of the agreement, simply return your vehicle and pay no further charge (provided mileage is within agreed limit and the vehicle has only sustained normal wear and tear).
BUSINESS LEASE
Business Lease offers low, fixed monthly rentals, and if you do not want to keep the vehicle at the end of the contract, this option is perfect for you. If you would like to further reduce your monthly rentals, a balloon rental can be incorporated to your contract; this is the future anticipated value of the vehicle, and is payable at the end of the contract.
Business Lease has a wide variety of options from paying monthly to annually, to contracts lasting from one to four years. Additionally, maintenance cover can be included to more closely control your motoring costs. If you are VAT registered, you can recover up to 100% VAT for commercial vehicles (50% for cars including private use). For both options, 100% of the VAT on any service element is fully reclaimable.
At the end of the agreement, if you sell your vehicle, 100% of the proceeds of the sale will be returned to you as rental rebates. If you wish to continue to use your vehicle, you simply pay a peppercorn rental (which is equivalent to one month's rental) per annum.
LEASE PURCHASE
With Lease Purchase, you chose your deposit and the period over which your monthly payments will be made, offering great flexibility. These monthly payments can then be reduced by agreeing on a future anticipated value (or balloon rental). When the contract ends, simply pay the balloon payment and you have ownership of the vehicle.
HIRE PURCHASE
Hire Purchase is the simplest form of finance, as you simply pay fixed monthly payments; when you have paid your last payment, you will own the vehicle without paying a large final amount.
Advantages of Hire Purchase include VAT-free payments, and you can choose your deposit and the term of the agreement, offering great flexibility.
ELECT 3 PRO
If you would like a new van but would like only to pay low monthly payments with a low deposit, then Elect 3 Pro is the right finance option for your business. Your monthly payments are kept low by including the minimum amount your vehicle will be worth at the end of the agreement, or GFV (guaranteed future value).
At the end of the agreement you then have three options: simply return the van and pay no further charges (subject to mileage and vehicle condition); part-exchange and take out a contract on a new vehicle; pay the GFV and take ownership of your van (subject to paying a purchase option fee).
Citroën Direct Leasing cars and Citroën Direct Leasing vans are one of the most popular choice for the motorist in the UK. The Citroën range are identified by their great styling from the popular Citroën C1, Citroën C2, and Citroën C3 Hatchback, Citroën C3 Estate, through to the Citroën C4 Hatch, the great looking Citroën C4 Picasso and the Citroën C4 Grand Picasso. Also now available is the Citroën C5 Saloon and C5 Tourer. You can discover the Citroën C6 Saloon. For a superb 4 wheel drive car, try the Citroën C-Crosser. For more space than a standard car, choose the Citroën Berlingo Multispace. Citroën Retail Group are the largest Citroën dealers in the UK. Our vast expertise and experience in all things Citroën, allows us to offer a huge range of Citroën cars, new and used. Our Citroën range includes Citroën C1, Citroën C2, Citroën C3, Citroën C4, Citroën C5, C6, C-Crosser, Picasso, Citroën MPV, Citroën LCVs and many more new or used Citroën cars for sale.