Bauer Millett in Manchester, Greater Manchester. Authorised Alfa Romeo dealership

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Business Finance

Choosing the Right Strategy

Some fundamental choices can help you to start shaping your strategy

Do you want to own the vehicle at the end of the agreement?

If the answer is yes, you would be better off considering Hire Purchase or Lease Purchase. But if you don’t wish to own the vehicle, Finance Lease or Contract Hire would be more suitable.

Hire Purchase offers your business a straightforward repayment scheme, whereas Lease Purchase offers greater flexibility.

Which will match your business dynamics best?

You may be happy to take on the responsibility of fleet maintenance and servicing. In this case we would recommend you consider Finance Lease or Contract Hire without maintenance. If you would prefer us to handle all maintenance and servicing, then the ideal choice would be Contract Hire with maintenance.

Once you have considered these fundamental elements, you should look at the options in more detail.