
Porsche Hire Purchase
This is the simplest and most common form of finance
After choosing the Porsche you like, you simply pay a deposit to suit your available capital ( normally 10% ), and your monthly payments are then made over an agreed period.
At the end of that period the car is yours to keep, sell or part exchange. All you need to do now is decide upon the size of your deposit and the repayment period, ( 24, 36, 48 or 60 months ). Hire Purchase is also an attractive option for businesses.
Not only does the car appear as an asset in the company accounts, but you can use the capital you would have spent buying a car outright within your business, thereby easing your cash flow.
In addition to this all of the interest on your payments is allowable against tax and payments do not attract VAT, making Hire Purchase ideal for non-VAT registered businesses. The car`s value can also be written down against your profits.
The Key Advantages of Hire Purchase
Eventual ownership
Low initial outlay
Flexible payment pattern
More capital available for your business
Interest charges claimable against tax
Fixed interest rate
Writing down allowance
Fixed budgeting
Hire Purchase offers excellent flexibility to get the Porsche you want on terms designed to suit your budget.
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