Agility Fleet offers another funding option which has similar benefits to contract hire, but provides the option to purchase the vehicle at the end of contract, known as business contract purchase.
Business contract purchase is a long-term finance agreement for businesses that want to own their vehicles but want to avoid the risk of depreciating assets. There will be an opportunity to purchase the vehicle with a predetermined amount set at the start of the agreement, also known as the ‘balloon payment’ and/or ‘final instalment payment’.
This helps budgeting as it avoids any unexpected costs during the hire period, as with Contract Hire Vehicle Excise Duty is covered for full duration of the contract.
This product is an alternative to Contract Hire as there will be an opportunity to purchase the vehicle with a predetermined amount set at the start of the agreement, also known as the ‘balloon payment’ and/or ‘final instalment payment’.
Agility Fleet can also include a maintenance package, which is added to your contract for a fixed additional monthly cost. This provides a full breakdown and recovery facility covering all servicing, replacement tyres* and other repair costs for the whole contract.
We have a team of specialists who can help you find a vehicle that will best suit you and your business needs. Our aim is to help you get the vehicle you require at a price you are happy with but we promise to provide excellent customer service throughout your partnership with Agility Fleet.
Your business contract purchase vehicle will be on a fixed term basis with anticipated annual mileage.
A fixed ‘balloon payment/final instalment payment’ is set at the beginning of your new contract. At the end of your contract term you can decide whether you would like to pay your ‘balloon/final instalment’ amount or return the vehicle back to us.
Flexibility is another Agility Fleet core value. All considerations above are applicable but we will always help to ease the burden of these if and where possible.
As an example, all of our end of contract vehicles are assessed by Agility Fleet BVRLA trained appraisers at our own Remarketing centre in Bromsgrove. We do not use a third party company who may apply a strict and costly approach to inspecting the vehicles.
*Please refer our no quibble tyre policy.
At Agility Fleet, our team are on hand to support and guide you through your fleet and personal contract hire needs.
If you have an enquiry please call us on 01527 571 605 or email us on firstname.lastname@example.org
If your enquiry is related to vehicle accident or breakdown please call our 24 hours helpline 01527 571 605