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Business Hire Purchase

Business Hire Purchase (BHP) is the option for non-VAT registered companies. This allows you to drive the Toyota of your choice while spreading the payments over an agreed length of time to make budgeting simple. The vehicle remains property of the company throughout and following the agreement.



Benefits of Hire Purchase

FLEXIBLE DEPOSIT

NO MILEAGE CONDITIONS

FIXED INTEREST RATE

MONTHLY PAYMENTS NOT SUBJECT TO VAT

YOU OWN THE VEHICLE

ASSET ON BALANCE SHEET
Tax allowance can be deducted from taxable profit




How does it work?

1. Choose your vehicle

All of the Toyota range is available through hire purchase, so you can find the vehicle that works perfectly for your business. 

2. Decide on your deposit and term

Decide on the deposit you would like to pay and the length of term up to 60 months. This determines your fixed monthly payments

3. Keep the vehicle

Once you have made your final payment at the end of the contract and pay the option to purchase fee, the vehicle is yours to keep.



For more information on our business finance options and how they can work for you, please contact your local Yeomans Toyota today.

Brighton Toyota01273 582 428
Eastbourne Toyota01323 505025
Worthing Toyota01903 694499