Isuzu FinanceOffer Expires: 31st December 2011
We can offer you unbeatable finance deals for your new Isuzu - starting from just 2%.
Offer available from:
Now in partnership with Commercial Vehicle Finance Ltd, a subsidiary of BNP Paribas Lease Group plc, a leading European asset finance company and part of BNP Paribas, one of the world's largest financial institutions, Isuzu Truck Finance can provide a range of innovative commercial vehicle finance packages to businesses, ranging from small firms right up to multinational companies.
An Operating Lease is a hire contract between you and Isuzu Truck Finance. The rentals are calculated upon the estimated depreciation of the truck over the period of hire, rather than just the initial cost. At the end of the contract you return the truck with no further payments provided that you have performed and carried out all the obligations under the Agreement.
A Finance Lease is also a hire contract between you and Commercial Vehicle Finance Ltd. Commercial Vehicle Finance Ltd agrees to purchase the truck you have selected from Isuzu and hire it to you at an agreed price over an agreed period of time. You then pay the Commercial Vehicle Finance Ltd rental payments over the term of the lease, normally with several due in advance. At the end of the contract the truck is sold with the majority of sales proceeds treated as a rebate of rentals to you.
A Hire Purchase Plan, which is commonly referred to as Leased Purchase, is a hire contract with the cost of the truck repaid in full over the contract in fixed instalments. Once all of the payments have been made, title of the truck will pass to you upon exercise of the option to acquire title and payment of the option price. For tax purposes, you are deemed to be the owner of the truck and can therefore claim capital allowances. As VAT is payable on the purchase price, we will ask for this VAT element to be paid as a deposit.
A Contract Purchase Plan is similar to Hire Purchase, but at the end of the contract you have the option to pay the agreed residual value or return the truck with no further payments subject to fair wear and tear and the agreed mileage not being exceeded.
Isuzu Truck operates Isuzu Contract Hire with a contract hire specialist partner - Artegy. Artegy is one of the leading providers of pan-European contract hire services for specialist commercial vehicles and is one of the largest contract hire providers here in the UK.
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