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Will kept my details on file and contacted me as soon as a deal became available on a car closest to my specification. After that, the whole process was pain free.
Stuart Young
Hi David,
I Received my Volvo V40 R Design today and could not be happier. The car has more than met my expectations, but just as important the service from you has been impeccable throughout. From the initial very competitive quote, all the way through to the delivery today was a pleasure that I could not fault in any way. Keep up the exceptional work, Thanks a lot.
Angela Clarke
Hi Richard
The car arrived today and I just want to say 'thank you' for your work and your support in getting it to me ready for my move on Saturday. You made it very easy for me and gave me confidence throughout that it was all under control.
I really appreciate you doing all of this and wish you a great Easter weekend.
All the very best
David
David James
Will Chan
I had dealt with First Vehicle Finance before and on both occasions I have found the service to be excellent. They listen to the requirements and deliver.
Will Chan
I am a company car user and have 2 cars with First Finance and regularly speak to Richard Mayle and Juliet via email,in the last few weeks I purchased a car for my wife, very happy with the car everything from start to finish happened so easily and efficiently. Fantastic service.
Pete Patel
I am would just like to say thank you to First Vehicle Finance for organising my new car that arrived this week.
This is now the second car I have had from you and on both occasions, I found Will and Rob to be professional and efficient in the way that they dealt with my order.
I will continue to recommend your service to my friends, family and colleagues in the future.
Vicki Brett
First Vehicle Finance Ltd and Richard couldn't have been more helpful. My wife had a very specific car in mind and a set monthly budget and Richard took a great deal of time in helping to explain all of the finance options, helping every step of the way in making sure we got our perfect car and under budget! The process was made very easy and the service was fantastic to the extent that I am now looking to finance a car for myself with First Vehicle! Highly recommend!
Alex Mayle
I have used First Vehicle Finance a few times now, I would never go anywhere else. They are extremely professional, understand customer needs and very competitive in price. David has been fantastic as always and always follows up on after sales care. I would highly recommend them.
Carole Hull
I first engaged with Chris Fairchild back in 2014 and have found him to be of great assistance, honourable and a thoroughly good person to deal with. My last 2 cars have been via Chris and I am sure many more will follow. It is with great delight I endorse his work and cannot recommend him highly enough.
Adrian Orton
We needed a new family car quickly! Knowing we would need a new one in 2 years time we decided to lease one! First Vehicle finance was recommended to us by a friend and the recommendation was spot on! What amazing service and we got our new Audi Q5 at an even higher spec than we expected! Awesome !
Tanja Kent
Finance Lease advantages and disadvantages
Finance Lease is a popular funding option for commercial vehicles where Contract Hire is not suitable. (Cars can be financed as well)
Your business uses the vehicle while paying a rental rather than a repayment. The monthly rental is determined by the initial cost of the vehicle (excluding VAT), the period of the finance lease and the residual value (the estimated future value of the vehicle at the end of the finance lease period once depreciation is taken into account), plus interest.
Advantages:
- Minimum capital expenditure
- Accurate monthly budgeting
- A fixed interest rate is available on some contracts
- No damage recharge as you are responsible for disposal of the vehicle
- Finance lease is a very popular choice for VAT registered companies as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use). On contracts with maintenance the service element VAT is 100% recoverable
- Rentals can be offset against the businesses profits. Cars with a CO2 output above 130g/km are currently subject to a 15% disallowance on the amount of the rental that can be claimed against the businesses taxation, for cars with a CO2 output of 130g/km or below, there is currently no disallowance
- Reduced administration
- On-going advice and support
- Optional maintenance package
- Optional breakdown rescue cover
- Optional replacement vehicle cover in event of breakdown
- Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company
Disadvantages:
- You will never own the vehicle as the vehicle must be sold to a third party as the end of the agreement
- Operating risk associated with the vehicle
- Interest rates can vary on some contracts
- You must have fully comprehensive vehicle insurance
More Information on Finance Lease:
Although you never take ownership, at the end of the finance lease contract a payment equivalent to the residual value is payable. Usually this means that the vehicle is sold and a proportion of the proceeds of the sale are returned to the lessee.
Most finance lease companies will offer a number of payment options to suit your cash flow. You can lower the monthly rental with a balloon payment at the end of the contract, or you can pay the entire cost in monthly rentals (normally referred to as a fully amortised Finance Lease), in which case you may be able to extend the finance lease with a secondary rental (sometimes called a peppercorn rental)
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
Contact us
T: 01293 456 100
F: 01293 456 200
info@firstvehiclefinance.co.uk
Find us
First Vehicle Finance Limited
Brockham House
Smallfield Road
Horley
Surrey
RH6 9AU
Finance types
Registered Office : The Cottage, 2 Castlefield Road, Reigate Surrey RH2 0SH
| Registered in England & Wales with company number : 05285260 | Data Protection No : Z9729803 | VAT No : 862 3889 84 |
First Vehicle Finance Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 669990
Copyright © 2019 First Vehicle Finance Limited, All rights reserved.