Products & Services

Contract Hire (Business users)

Key Features

• Off balance sheet funding as vehicles are owned by Funder
• Fixed monthly cost for the life of the contract
• Flexible lease terms and mileage use to suit your business
• Funder takes on all associated risks of vehicle ownership

Key Benefits

• Enhanced borrowing ratio for your company with off balance sheet funding
• Improved tax efficiency through numerous VAT benefits
• Low initial outlay
• Improved budgeting and cash flow forecasting
• Reduced administrative burden as funder supplies, services and disposes of your vehicles

Finance Lease

Finance Lease is a tax efficient option where you choose to pay either the entire cost of the vehicle, including interest charges, over an agreed lease period or opt to pay lower monthly rentals with a final payment based on the anticipated resale value of the vehicle.

At the commencement of the contract, usage parameters for the vehicle are agreed, and assuming this does not vary, monthly payments and interest rates are fixed for the duration of the contract. Therefore you benefit through fixed costs but do take on the administration and operating risks. At the conclusion of the contract you can continue to operate the vehicle under a "peppercorn agreement" although you will at no time take ownership of the asset.

Contract Purchase

With Contract Purchase, you get the operational benefits of contract purchase and the tax-efficiency benefits of vehicle ownership.

Key Features

• Funder takes care of your operational and administrative fleet issues
• You have the option of selling the vehicle via Funder at the end of the contract
• Ideal if your company is unable to take advantage of the VAT benefits of Contract Hire
• Ideal if your fleet includes expensive (£25,000+) vehicles

Key Benefits

• Benchmark remains your single point of contact
• Improved cash flow control
• Low initial outlay followed by fixed monthly payments and a final optional 'balloon' payment
• Tax-efficiency benefits, such as the ability to claim capital allowances

Car & Van Rental including Pre-Contract vehicles

The flexible solution for short-term vehicle requirements

Car & Van Rental offers fast and flexible solutions for any situation. Whether you need a vehicle for one day or six months, Car & Van Rental is the choice for you. From replacing out-of-action fleet vehicles to providing transport for non-company car drivers, Car & Van Rental delivers. We can supply the car or van of your choice - fast and when you need it most. We offer a fixed rental cost determined by the number of days you require the vehicle for.

Rental solutions to suit your needs

Car & Van Rental includes:

• Daily Rental - short term rental, often just for a few days or for one-way journeys

Pre-Contract / Flexible Rental - for pre-contract and medium/longer term rental

Key Features

• Minimum commitment period of just 84 days
• Comprehensive range of low-mileage vehicle types available at 24 hours notice
• Specialist vehicles, including minibuses and 3.5t vans on request
• Rental costs include Road Fund Licence, maintenance, delivery and collection
• Free roadside assistance and replacement vehicle in the event of breakdown

Key Benefits

• No long-term commitments
• Flexible motoring solution that meets your exact needs
• Save money with our highly affordable pricing
• Cashflow friendly payment system (monthly in arrears)
• High mileage allowance (2,800 miles every 28 days)

Personal Contract Hire

Key Features

and benefits include:

• Fixed monthly rentals for the life of the contract
• Flexible terms to meet your requirements with variable duration and mileage terms
• A monthly maintenance charge can be included in and so spread the cost of servicing and tyres
• Low initial outlay

Personal Contract Purchase

Key Features

• Funder takes care of your operational and administrative fleet issues
• Conditinal sale agreement giving you the option of buyng the vehicle at the end of the contract or handing back to the Funder
• Ideal for company car "opt outs"

Key Benefits

• Benchmark remains your single point of contact
• Low initial outlay followed by fixed monthly payments and a final optional 'balloon' payment
• Optional service and maintenance