A finance package to suit your business needs

Whether you are a small start-up business or a large established company, when it comes to choosing a vehicle finance package the options seem endless. What's more, as your business changes, so do your financing requirements which often only adds to the complexity of choosing the right vehicle for your business.

The three key business finance options available are Contract Hire, Business Leasing and Business Purchase.

Sometimes known as Lease Purchase, this product is based on the traditional form of financing, Hire Purchase.

How it works

• You pay an initial sum in advance then pay for your vehicle over a pre-agreed period in fixed monthly instalments.
• To reduce the monthly payment, you can defer a proportion of the purchase price to the end of the agreement. This amount is known as the final (balloon) payment.

Benefits include:

• Fixed monthly payments.
• Option to defer a lump sum to reduce the monthly payments.
• Writing down allowance available.
• VAT paid in advance on Light Commercial Vehicles.

Often referred to as Finance Lease where the end user shares in the risks and rewards of ownership.

How it works

• You make an initial payment then pay a fixed number of rentals over the remaining period of the agreement.
• To reduce the monthly payment you can defer a lump sum to the end of the agreement. This amount is known as the final (balloon) payment.
• At the end of the agreement you can either sell the vehicle on behalf of Nissan Finance and receive a share of the sales proceeds (called a rental rebate) or;
• You can extend the agreement into a 'secondary' period of rental for a nominal annual fee.

Benefits include:

• Fixed monthly payments.
• Option to extend agreement into a 'secondary' period for a nominal annual fee.
• Option to defer a lump sum to reduce the monthly rentals.
• Dispose of the vehicle on our behalf and any balance beyond what is owed to Nissan Finance is your rental rebate.
• VAT may be recoverable on rentals.

• You make an initial payment, followed by a fixed number of rental payments over the remaining period of the agreement.
• At the end of the agreement you hand back the vehicle and there is nothing more to pay (subject to mileage and condition).

• Fixed monthly rentals for ease of budgeting
• Reduced motoring costs - our purchasing power means volume savings are passed on to our customers
• Comprehensive servicing and maintenance package (optional)
• Accelerated taxation relief and VAT benefits
• Low initial payment, releasing cash that could be invested in other parts of your business
• No depreciation risk
• Hassle-free disposal of the vehicle

PRODUCT COMPARISON

Please see the table below for a comparison of the benefits of all our Business Finance products.

All Nissan Business Finance products can be tailored to meet your individual business requirements. Before making a final decision, we recommend you visit your local Nissan dealership where our trained sales staff can discuss your fleet finance requirements in more detail.

* Where the cost of the vehicle is more than £12,000, a proportion is disallowed in line with the Half the Excess rule.

(Net Vehicle Price -£12,000/2 x Net Vehicle Price) x 100 = % of rental allowable for tax purposes

** VAT Registered businesses only. Only 50% of the VAT on the finance is reclaimable and 100% of the maintenance VAT can be claimed.