OFFICIALLY the UK s largest independent

Transcription

1 Buyers Guide OFFICIALLY the UK s largest independent commercial vehicle broker Contents Our independence means we can sell you the vehicle YOU WANT with the largest possible discounts and most competitive rates in the UK today This means you can save thousands of pounds on the vehicle you want for you and your business. No longer will you feel confused, frustrated and ripped off, talking to people about a vehicle you don t want at a rate which is too expensive. You will get your vehicle delivered direct to your door by a UK franchised dealer at a time that suits you, FREE OF CHARGE. No more losing business while you waste time visiting showrooms, or talking to people online that simply don t understand YOUR business. YOU will get the very best possible deal available with the full backing of the UK franchise dealer Network. This means you get full peace of mind in terms of the deal you get, the service you receive and any ongoing support you may require. Beat Our Quote and we will send you a 50 M&S Voucher Terms & Conditions Apply 50 M&S VOUCHER 2. 7 Point Guarantee 3. Why would you lease a vehicle? 4. The London Low Emission Zone 5. Your guide to Finance Leasing your new vehicle 6./7. The tax benefits of leasing a commercial vehicle 8. Your Guide to Contract Hiring a van or pickup truck 9. Save 50% on your pickup accessories 10./11. So you think you can t afford a new van? 12. Your guide to lease purchase for vans and pickup trucks 13. SMS Order Tracking 14. Do you have a vehicle to part exchange? 15. Meet The Team 16. Save up to 60% on commercial vehicle insurance

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3 INTRODUCTION BY ANDY ALDERSON - OUR M.D. market today. That has been our philosophy from day one. Our second aim is to deliver the best levels of service in our industry. Ok, a lot of companies will promise you this, in fact probably all of them have said as much on their websites. You will have received this information pack in the post because you have made an enquiry with us. You will have also received an and a text message from us. How many of the other companies that you talked to even sent you an ? Why would you lease a vehicle? We all know that the world is hardly awash with cash right now. There have been banks and even whole countries going bust and it would be fair to say that borrowing from the banks that have survived is certainly not as easy as it once was. On the flip side, it would also be fair to say that those businesses that have survived will continue to produce the growth and output that the economy needs. However, even if you had the cash for a van sitting in your bank right now, why would you put it in a depreciating asset like a van? Surely it would be better spent investing in something that makes money - your business. What happens if you suddenly win a big order or secure that contract that you have been pitching for, and you suddenly need cash to fund it? We all know it s always harder getting money from the banks when you really need it. The bottom line is that there is no real argument for spending your hard earned cash on what is essentially a business tool. Particularly if it s a van or a pickup truck. We often get customers who will call up and say my accountant has said I need to spend some cash. The reality is that 100% of what you spend on commercial vehicle leasing can be offset against tax, which includes the deposit and the final payment (where relevant). All this while keeping the cash that you have set aside or invested in your business ready for any emergencies, or better still any new opportunities. So why should you deal with us? Well, that s a good question. No doubt once you had decided that you needed a new vehicle, you will have visited a few other websites other than our own. You may also have been to see your local dealer. If you haven t then you should. You see we recommend that you always benchmark the rates that you have been quoted. It s particularly important in the challenging economic climate that we find ourselves in. The first thing that we promise you is that we will always strive to deliver the best value van and pickup truck leasing deals in the It is an unfortunate fact that the motor trade in general is not the best at customer service. There is also a belief that you can be competitive, but not give the service, or vice versa. We believe that to be nonsense. The fact is that both are possible and we believe passionately that if we do the job right, on both fronts, then the business will follow and our volume will grow. Consequently what it means to you as our customer is this; Our interest rates are cheaper - Our volume discounts are bigger - Our offerings are better But ultimately- Your leasing rates are cheaper. Sounds good, but can we prove it? EVERY customer who leases a vehicle from us is invited to review our service levels, and ALL of our staff are incentivised to deliver results - particularly with regards to customer satisfaction. At the time of writing we have had over 700 reviews by our customers published on our websites. ALL are published - GOOD and BAD. Thankfully there s a lot more good than bad. Of course we do get it wrong occasionally - but we always put it right and we try to learn from mistakes. That is our ethos and it always will be. What you won t find on our websites are a few hand picked testimonials with the same bad grammar and spelling mistakes. I hope that the service you have had from us here at Autorama has exceeded your expectations. If it hasn t, or you have any suggestions on how it can, then please let me know. Thank you for reading Andy Alderson 3

4 THE LONDON LOW EMISSION ZONE - (LEZ) Are you ready? If not - it could cost you 100 a day The LEZ was launched in London in 2008 to go some way to reducing the levels of pollution in the Capital. One of the principal reasons for introducing the LEZ was to force those diesel engine vehicles with a high level of pollution to become cleaner. This would have the benefit of lowering the amount of particulates (smog) in the atmosphere and ultimately to reducing pollution levels. Particulates are a form of air pollution that have an adverse effect on sufferers of asthma, heart and lung disease, as well as aggravating other respiratory illnesses and can even lead to premature death. Heavy Goods Vehicles tend to be the worst offenders and although manufacturers of these HGV s have made significant improvements in the emission levels on these vehicles, pollution is still a huge issue. With effect from the 1st January 2012, the levels of emissions that diesel vehicles must meet will need to fall considerably from their current levels. The changes in legislation will see vehicles having to meet much stricter emissions standards or face financial penalties. What areas of London does the zone cover and when is it in operation? The zone will extend to the vast majority of the Greater London area and drivers will find that a daily charge will be made on any vehicle which does not meet the revised emissions levels. The new charge will operate 24 hours a day, 365 days a year, including bank holidays, with the charging period running from midnight to midnight. This obviously means that if you were to enter the Low Emission Zone in any van or pickup truck that doesn t meet the new emissions levels at 11:45pm and leave at 1.15am the following morning you will end up paying for two days and that s 200 Which vehicles will be affected by the changes from January 2012? From 1st January 2012 drivers of larger diesel vans, diesel minibuses and other specialist diesel vehicles such as pickup trucks will be affected by the enforcement of the Low Emission Zone for the first time. And - It won t make any difference whether your truck or van is used for commercial or for private purposes - the vehicle will still need to meet the new regulations. The age and GVW of a diesel van or pick up truck will have a bearing on the level of emissions it produces. Drivers of vans or pickup trucks registered as new prior to Jan 1st 2002 and with an unladen kerb weight of tonnes (up to a GVW of 3.5 tonnes) will NOT meet the new regulation from Jan 1st Drivers of these vehicles will end up paying the new charge of 100 a day. As a rule of thumb, any diesel vehicle must meet the Euro 3 standard for particulate matter emission. To see whether your van or pickup truck meets the Euro 3 standard, you can access Transport for London s vehicle checker by visiting their website on: pb/lezcomplianceprovidevrm. faces?referrer=lez 4 Remember - all of OUR vans and pickup trucks comply with the NEW regulations

5 GUIDE TO FINANCE LEASING YOUR NEW VEHICLE Dominic Says... What is Finance Leasing and how can it benefit me and my business? Finance Lease is a method of financing a vehicle that many businesses find beneficial as they can subsequently claim back the VAT on their payments. The monthly payment is determined by the initial cost of the vehicle, the lease period and the final residual value. Some finance lease companies offer the lessee the option of extending their lease with a secondary rental period. Frequently asked questions about... Finance Leasing Would I be better off with an H.P. or even a Cash Purchase? No. We recommend Finance Lease because: - All payments, including deposit are tax deductible, which is always more tax efficient than claiming capital allowances available when cash or H.P. purchasing. - You benefit from massive fleet discounts only available on Finance Lease. -You gain from improved cash flow with VAT being spread over the whole of the agreement, rather than a large single payment paid with the deposit. No mileage or condition penalties. Do I have any value in the vehicles? Yes, just like a purchase agreement you build up equity in the vehicle through the period of the agreement, so that when you change your vehicle you have money to start off your next lease. Can I pay a higher or lower deposit? Yes. It is possible to increase or reduce deposits within certain minimum & maximum amounts; this will decrease or increase your payments accordingly. Can I lease over a different period? Yes. Leases run from 24 months up to 5 years depending on your requirements. Do I have to have a balloon final payment? No. You can request a full payout lease. Can I have extras on my vehicle? Yes. We specialise in pick-up truck accessories, and can supply and fit at very competitive prices, the cost can be added to the cost of the lease or paid for in the deposit. Why are the lease payments so low? A. In most cases you benefit from two discounts. One is the maximum retail discount and the second is a fleet discount, volume related and linked to the purchasing power of ourselves and our funding companies. What are my options at the end of the lease? You have several options [the first listed here is the most popular]: - You can swap the vehicle in for another one. In this instance the vehicle clears its own balloon and you take the value left over to start your next lease. - Sell the vehicle on behalf of the finance company and keep any profit made after clearing the finance company balance/interest. - Spread the balloon payment over a further period. Can I sign write the vehicle? Yes. We recommend the sticker sort so that it is easy to return the vehicle to its original paintwork on disposal. Can I settle early? Yes. But we do not recommend very early settlement. This is because you have not had time to build up any equity. Ensure you check any competitors quotes to make sure the details are like for like with ours. Unfortunately some of our competitors are actively failing to make customers aware of the fact that although their contract is not restricted on mileage it is used to calculate the balloon payment. So whilst the lowest payment may seem attractive, if you re doing 30k miles pa and the balloon is set using 10k, you WILL have a situation where the vehicle is worth less than the final payment. We will of course provide you the same quote for comparison purposes but our advice is always be as realistic and accurate as possible. The balloon payment is always payable and while there will be an option to refinance this amount, there is never the option of just handing it back. Finance lease is an excellent product, but like any financial contract you should always understand the terms and conditions before you enter to in to it. Key benefits Cash Flow you can use your vehicle immediately whilst allowing payments to be made on a monthly basis, providing your business with better cash flow Repayment period flexibility you choose the finance period that s right for you and you business (24 to 60 months). Fixed monthly repayments you enjoy peace of mind knowing that your monthly repayments are fixed for the whole term of the agreement. Low deposit you choose the deposit. Pay a little more and reduce the monthly cost. Low monthly repayments by varying the deposit or by choosing and varying a terminal rental (a balloon payment payable at the end of the agreement) you can make your repayments smaller.. Tax advantages Provided you re not in a flat rate VAT scheme, if you re VAT registered, you can reclaim the VAT payments made within the monthly payments. Tax relief you can offset your new vehicle s monthly repayments against taxable profits (100% for a van or pickup & 50% for a car) No mileage restrictions If there is a balloon payment within the quotation we have provided then this will have been calculated using the estimated mileage that YOU have provided so it is important that you are as accurate as possible. However if your circumstances change mid-contract and you find yourself doing more miles than you have estimated then you will not incur any excess mileage charges. What you have told us only provides an indicative value. It does not restrict you or limit you in any way. So it is a bit more flexible. Obviously bear in mind that if this mileage is significantly higher than what you have anticipated, there is a good chance that the vehicle will be worth less than predicted and in turn it could mean reduced equity and in some cases negative equity can occur. If you choose not to use a terminal rental, then although the payments will be higher you can enjoy total peace of mind with no restrictions and no equity concerns. Equity Upon sale of the vehicle at the end of the term, the customer retains approximately 97% of any equity remaining after the balloon payment has been paid (% dependant upon finance provider). Tax efficient purchase Lease with end options No mileage restrictions 97% of sales profit kept by you Either sell the vehicle or extend the lease after the initial rental period 5

6 COMMERCIAL VEHICLE TAX EXPLAINED If you are one of the many thousands of UK motorists who benefit from driving a company car, or, if you own a business, being tax savvy when choosing your vehicle could save you a considerable amount of money courtesy of Her Majesty s Government. This is because certain vehicles are not classed as cars at all, but as light commercial vehicles, and driving one could save you quite literally thousands and thousands of pounds in tax every single year! Thanks to their combination of reliability, drivability, impressive styling and hard work, hard play ethic, vehicles like the Nissan NV200 and Ford Transit, for example, have developed a firm following in the UK. Yet despite their exceptional good looks every single model of these vehicles, even with accessories fitted, is classed as a light commercial vehicle (LCV) for BIK tax and VAT purposes. Commercial Vehicle Tax Facts for Employees All featured vans are classed as light commercial vehicles (LCVs), and all LCVs enjoy a standard Benefit in Kind liability irrespective of their purchase price or how many accessories you fit. This means that if you are a tax payer in the 40% tax bracket, driving a Mercedes Sprinter or Peugeot Bipper for example, you could save in the region of 4,000 every year on Benefit in Kind tax payments compared with a similarly priced passenger car. How would you like to have an additional 300 or more in your pocket every single month! If you enjoy unrestricted private use of a van, in the tax year from April 2012 your BIK liability is 3,000 x your marginal tax rate, i.e. a 20% tax payer will pay 600 per year whilst a 40% tax payer will pay 1,200 per year If your employer provides your fuel for private use an additional BIK liability of 550 applies, which means the tax payable for a 20% tax payer is 110 per year and 220 per year for a 40% tax payer Employees who use a commercial vehicle which is only available for business purposes, and remember this includes travel from their home to their place of work, have no BIK tax liability whatsoever Commercial Vehicle Tax Facts for Employers All featured vans, even if you fit accessories, are classed as light commercial vehicles (LCVs). If you provide your employees with an LCV instead of a passenger car, it is just like giving them a substantial instant pay rise, as driving a van could save them many thousands of pounds every year in BIK tax payments, for details of some comparisons see the table below As with BIK, Class 1A National Insurance Contributions are considerably reduced on a Light Commercial Vehicle compared with a passenger car. If your employee enjoys unrestricted private use of any van in the tax year from April 2012 Class 1A NIC is 414 ( 3,000 x 13.8%) whereas Class 1A NIC on a Jeep Cherokee would be 1,163 ( 8,426 x 13.8%) Light Commercial Vehicles qualify for a VAT reclaim subject to the business being VAT registered, the vehicle being used for business purposes and it being purchased outright or on a finance contract. The percentage of VAT reclaimable is dependent upon the extent to which the vehicle is to be used for business purposes, i.e. if the vehicle is used 50% for business purposes and 50% for private purposes then only 50% of the VAT can be recovered. The same ruling applies to fuel purchases Road Fund Licence (Vehicle Excise Duty) on all vans is at a standard rate of 215 per annum, irrespective of its CO2 emissions. As tax liability can vary according to circumstances we would always suggest that you check with your accountant or tax advisor to see what allowances you are eligible to take advantage of. 6 All Vans & Pickup Truckss are classed as LCVs Low Road Fund Tax on pickup trucks Save 000s in BIK Tax LCV s qualify for VAT reclaim

7 similar retail price. Despite its sophisticated 4-wheel drive system, its upgraded engine and top-of-the-range Mitsubishi L200 Animal Ford Mondeo 2.0 TDCi Ghia Estate Manual Nissa n TX- rail 2.0 dci Sport Jeep Cherokee 2.8 CRD Limited OTR price (inc. VAT) 23,573 21,874 22,859 24,077 Vehicle BIK liability 3,000 5,687 7,543 8,426 (inc. private use) 550 5,252 6,666 7,070 Emissions LCV 156g/km 198g/km 222g/km Tax liability as a percentage n/a 26% 33% 35% 20% tax band Vehicle 20% 600 1,137 1,509 1, ,050 1,333 1,413 Total tax payable for 20% tax payer 710 2,187 2,842 3,098 40% tax band Vehicle 40% 1,200 2,275 3,017 3, ,101 2,666 2,828 Total tax payable for 40% tax payer 1,420 4,376 5,683 6,196 Based on 26% charge for the Ford (23% plus 3% diesel surcharge), 33% charge for the Nissan (30% plus 3% diesel surcharge) commercials which will rise by the RPI only). Disclaimer your Accountant or Tax Adviser that you are eligible to take advantage of these allowances. Personal use of these vehicles may give rise to a tax assessment and we recommend you discuss this with your Accountant or Tax Adviser. Details were correct at time of publication. Tax information is provided as a guide only. Tax liability can vary according to circumstances. Please contact your local web site at Call us now

8 GUIDE TO CONTRACT HIRING YOUR NEW VEHICLE Andrew Says... What is Contract Hire and how can it benefit me and my business? Contract Hire is a finance solution available to sole traders, partnerships and limited companies. It is a very popular choice for VAT registered companies, as they can claim 100% of the VAT back on a commercial vehicle, and is very tax efficient. It provides a comprehensive, fixed-cost solution where use of a commercial vehicle is important but final ownership is not. Deposits are anything from one rental in advance). Frequently asked questions about... Contract Hiring What benefits does Contract Hire offer to me? Contract Hire will benefit anyone who is seeking to remove assets from their balance sheet, eliminate the financial risk associated with disposing of the vehicle and enjoy the convenience of a full maintenance service, at a fixed monthly cost. Why is Contract Hire a popular product? Since the tax laws changed in August 1995, Contract Hire has grown year on year as the product of choice for all business users when funding their vehicles. At that time the laws changed to allow leasing companies to reclaim the VAT on new vehicles. Is Contract Hire subject to VAT? All rentals are subject to VAT and as such should Government legislation change, i.e. VAT rate (currently 20%), these changes would be passed on to the customer. As this product is a usership style contract, all rentals are subject to VAT. There is a 50% restriction on the recoverable VAT for the customer (subject to being VAT registered) on all leasing rentals if there is any private or non business use of the vehicle. Customers are able to claim 100% of the VAT on the maintenance element of the rental should they take this option. What is my initial outlay? The norm required by the Finance Provider is to accept three rentals in advance. However, in some circumstances if the customer is deemed as blue chip, one advance rental may accept. Both of these options provide the customer with a low cash outlay to enter into this type of contract. What services are available on a maintenance agreement for Contract Hire? Items included are servicing, routine maintenance, unlimited tyres, exhausts, batteries. Items excluded are glass and damaged items. Does the Finance Provider insure the Contract Hire Vehicle? No. It is the customer s responsibility to insure the vehicle. Please see the Terms & Conditions of the contract. What happens if I exceed my contract mileage allowance? Should a vehicle be returned over mileage some drivers (dependant on policy) may be liable for an excess mileage charge. With any contract hire agreement, the predicted annual mileage of the vehicle is crucial, as it will affect the resale price at the end of the contract and the servicing costs. If that mileage is exceeded, a charge will be made for every mile over the agreed amount to pay for the increased costs incurred. Contract Hire is a great product, but before you settle on this method of payment, there are a few things you need to think about. Always ensure that you are as accurate as possible when estimating the mileage you are likely to do, when you enter into a Contract Hire Agreement. There will be an excess mileage charge if you go over your estimate, and it could end up costing you a lot of money. It is industry standard that Contract Hire brokers will advertise the best rates possible i.e. 10k miles per annum. If you know you are going to do more than this, it s better to get it right at the beginning rather than face the risk of a large bill later. Another thing to be mindful of, is the condition that you expect the vehicle to be in when you return it to the contract hire provider at the end of the contract. Fair wear and tear is acceptable, but damage that requires attention by a body shop is not. If the vehicle is to be used for heavy construction, and likely to get the knocks and scrapes associated with those trades, it may be better to opt for Finance Lease or Lease Purchase as it will give you greater control at the end of the contract term. Key benefits Cash Flow - As your vehicle is not on your balance sheet, you don t need to worry about cash flow, depreciation and negative equity. Repayment period flexibility - you choose the finance period that s right for you and your business (24 to 60 months). Fixed monthly repayments - you enjoy set monthly rentals and can add a maintenance package for a small additional cost. Low deposit - typically equivalent to 3 monthly rentals. Tax advantages - monthly rentals are plus VAT which can be claimed back if you are VAT registered. Tax relief - you can offset your new vehicle s monthly repayments against taxable profits Mileage Restrictions - Choose a mileage that s right for you and your business if you exceed your agreed limit you will simply be charged at the end of the term of your rental. The pence per mile excess charge will be clearly shown on your agreement. Depreciation - You can drive your vehicle in the knowledge that any depreciation of the value of your van or pickup truck is the risk of your finance provider. 8 Flexible Contract Periods Tax Benefits Cheaper than HP Maintenance Packages Available Return the vehicle at the end of the contract period

9 You don t have to lease from us to have accessories fitted We have our own fitting centre Courtesy Pickup Truck Available 9

10 So, you can t afford a new van? Think again We compared a basic used Ford Transit on HP, to a comparable new van on a lease deal. To make the comparison fair, we didn t just pop down to the used dealer on the corner, we did a national on-line search using Autotrader, using a typical example of the search results. Here is the outcome Plate Basic Spec Ford Transit SWB, TDCi, 85 45,000 miles 3-months warranty included: Cash price Deposit VAT of Total deposit New 2013 registered Ford Transit Trend Bluetooth, Heated Front Screen, Full Steel Bulkhead, 3 year warranty included, for a 3 year lease: Cash price Deposit VAT of Total deposit 36 monthly payments 36 monthly payments Based on an APR of 8.9% which is about right for this age van, and the amount financed when using the dealer finance options. Vs. + VAT x 36 and a VAT Final Payment or n/a Over 4 years: DEPOSIT VAT, MONTHLY PAYMENTS: VAT x 48 and a VAT Final Payment So, the difference between a new and used van could be just 12 a month (or two packs of ciggies, or a couple of drinks in your local!) Not to mention the higher running costs of an older vehicle and the unexpected bills that often arise. See the differences and ask yourself which vehicle YOU would prefer: Initial outlay Instantly available Cheaper per month (just) Usually around 40k on the clock MOT required/repair bills more likely What you see is what you get 3 month warranty 3 year-old spec All VAT must be paid up-front Unknown history (has it been in an accident or is there outstanding finance?) Older engine worse fuel economy Initial outlay Usually delivered direct to you in two weeks Only 12 per month more expensive Delivery mileage only No wear and tear/ No MOT costs yet View it at a dealer, and then lease new from us 3 year, 100K warranty New vehicle/latest spec Only have to pay VAT on deposit You are the first user Latest engine - better fuel economy If we ve convinced you that a new van leasing deal is the way forward for you and your business, why not fill in a quote request on or give me a call on the number overleaf and you could be driving your new van sooner than you think! 10 You control the equity Simple process Flexible Tailor made Hassle free Cost efficient

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12 GUIDE TO LEASE PURCHASING YOUR NEW VEHICLE Rob Says... What is Lease Purchasing and how can it benefit me and my business? Lease Purchase, a product very similar to Hire Purchase, is a more conventional funding facility that has been outshone in some respects by more recent products such as Contract Purchase or Personal Contract Purchase. Nevertheless, traditional Lease Purchase / Hire Purchase has a number of strong advantages for customers. Frequently asked questions about... Lease Purchasing Who owns the vehicle? The vehicle forms part of an ownership style contract where the customer makes payments with the intention of purchasing the vehicle at the end of the contract. The vehicle is owned by the Finance Provider until the final balloon payment is made. Is Lease Purchase subject to VAT? Lease Purchase arrangements are treated for tax purposes as a purchase by the customer when the vehicle is brought into use. As a result, the 25% writing down allowance is claimed by the customer (maximum 3000pa). Payments for depreciation and interest are not subject to VAT. Can I use Lease Purchase to fund the purchase of a Light Commercial Vehicle? Yes. Remember - the full amount for the VAT must be paid up front by the customer. As this is a purchase agreement, you can then reclaim this on your next VAT return. What sort of deposit is required? The normal requirement is that a Service Provider will accept 10% and all of the VAT on the vehicle upfront, although in many cases, they will accept the all of the VAT as sufficient deposit on its own. Can I lease over a different period? Yes. Leases are typically between two and four years in length. Do I have to make a balloon final payment? Yes. Ownership of the vehicle is acquired once the final balloon payment is made Can I have a Service & Maintenance option on my vehicle built into the contract? No. This type of contract doe not come with a service and maintenance option - you are fully responsible for ensuring the vehicle is fully serviced according to the manufacturers parameters. Beat Our Quote and we will send you a 50 M&S Voucher Terms & Conditions Apply 50 M&S VOUCHER Lease Purchase is a hire purchase agreement offered by Finance Providers and regulated by the Consumer Credit Act This product is ideal for a Non-VAT registered customer that wants eventual ownership of the vehicle. This is a dedicated funding product that does not include maintenance or any other value added services. If the agreement is for a commercial vehicle then the full amount for the VAT on the purchase must be paid up front by the customer. As this is a purchase agreement the customer would then be able to reclaim this on their next VAT return. Road Fund License is provided for the first 12 months of the contract only, following that it will be paid for by the Finance Provider and recharged back to the customer. Key benefits Cash Flow smaller front end deposit and lower monthly charges ease the initial payment burden Investment lease purchase allows more cash to be pumped into a customers business early on, and is therefore attractive with new start up costs. Ownership The vehicle is registered in the name of the customer, and where this is a company the vehicle will appear on the balance sheet for writing down allowance purposes. Flexibility Lease Purchase agreements provide flexible options on deposits and final balloon payments Controllable Expenses you have fixed repayments and fixed interest to help control your costs No Mileage Restrictions the use of your vehicle your is not limited by any mileage restriction clauses Commercial Vehicle benefits LCV s acquired on Lease Purchase are eligible for the Annual Investment Allowance 12 Ideal for Non VAT customers who want eventual ownership of the vehicle Vehicle will appear on Company balance Sheet and writing down allowances can be claimed Monthly payments are not subject to VAT

13 Beat Our Quote and we will send you a 50 M&S Voucher Terms & Conditions Apply 13

14 DO YOU HAVE A VEHICLE TO PART EXCHANGE?...or is the lease on your existing vehicle about to expire? Let us help you get more money for it Whether it s a car, van or pickup truck, you obviously want to get as much money for your part exchange as you can. The problem is that most (if not all) other leasing brokers will not be able to do this for you. Most of them will probably tell you to sell it privately or put it on E-bay. Whilst that may occasionally be the best option, do you really need the hassle of trying to advertise it, deal with the people who want to come and knock you down on price as well as trying to co-ordinate things so your old vehicle goes at the same time as your new one arrives? At best you will get the odd broker who will get a bid from a trader they know, but 9 times out of ten it definitely won t be for what the vehicle is actually worth. Where we can make a real difference is that we have our own, very successful used vehicle dealership. Which means that we actually WANT your vehicle - consequently we will always pay as much as we can for it. Do you have a vehicle to part exchange? YOU get more money - WE get more stock - simple! Do you have a van or pickup truck on finance lease with another company? If so, the chances are you have a balloon payment to pay at the end of your agreement. If that is the case, it will need to be settled, so it is important that you get the best price possible for your vehicle. In addition, you will also have to pay a sale of proceeds fee (normally 2% of the VAT inclusive price). If you sell the vehicle to us, you will get the best price (giving you the most equity) but we will also pay your sale of proceeds fee if you take a new vehicle leasing deal from us What are the benefits to YOU when part exchanging with us? No hassle advertising your vehicle for sale No timewasters responding to your adverts No Auction fees 100 s saved on sales of proceeds fees WE PAY MORE 14 Call Neil in used vehicles for more info on

15 MEET THE TEAM Andy Alderson Managing Director Helen Gosney Executive Assistant to MD Gary Lemon Sales Manager Dominic Tutton Senior Andrew Causer Senior Rob Cox Tony Gordon Kyle Crossland Shaun Finn Mike Daly James Pocock Richard Wells Phil Humber Greg Bennett Tim Cazely Kevin Fletcher Customer Services Manager Charlie Jones Customer Support Team Matt Simmons Customer Support Team Joel Hyland Sales Support Marketing Kosala Wimalasena Marketing Kate Osborne Mags Downey Sales Administrator Laura Mitchell Sales Administrator Megan Grimsdale Franchisee Admin Co-ordinator Holly Alderson Admin Assistant Lauren Hale Admin Support Neil Smith Used Vehicle Sales Manager Ben Hancock Used Vehicle Sales Manager Maxine Murphy Accounts Manager Frances Maslin Accountant Ian Ellis-Hall Accounts Assistant Emma Davenport National Franchise Manager Graeme Alderson Workshop Manager Jim Revell Workshop Fitter 15

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