What are the AVL options?

Leasing: the vehicle belongs to the leasing company throughout the agreement period, you simply pay a fixed sum.

Contract Hire: your business pays a fixed monthly sum for the use of the vehicle. This can include maintenance, breakdown cover, road tax, tyres and exhausts, etc. The vehicle is returned at the end of the agreement period.

Personal Leasing: this allows an individual to take out a contract on a vehicle over a minimum of 18 months to a maximum of 60 months. At the end of the period, the customer can just return the vehicle - or exercise the option to buy it. Remember that VAT is not recoverable using this method at any point in the transaction.

Sale and Leaseback: AVL can appraise the cash value of vehicles you, or your business, already own, then re-finance them in a leasing plan, tailor-made for your needs.

Hire Purchase & Lease Purchase: we also offer competitive interest rates, with or without residual payments or deposits.

Contract Purchase: The fact leasing companies can reclaim input VAT on contract hire cars significantly increases the threshold at which contract purchase becomes more tax efficient. Nevertheless, this can be a useful acquisition method for vehicles over £25,000

Finance Lease: Following the VAT changes in August 1995, leasing companies are able to reclaim input VAT which reduces their capital cost and hence the amount of funding and repayments required. This makes finance lease a cost-effective alternative to contract hire for many companies.

Proposal Form: If you would like to proceed with any one of our finance options please click here to download and fill out the correct proposal form.

AVL are agents for VIP insurance products for GAP policies and related products.