Volvo Truck hire purchase

Hire Purchase is a good choice if you want to own a truck through regular repayments without investing all of your capital at once.  

Monthly repayments can be reduced by adding a final lump sum (a balloon) to your agreement.

The truck will appear as an asset on your balance sheet and after the final repayment, you become the owner.

  • Vehicle ownership
  • Interest may be allowable against
    taxable profits
  • Writing Down Allowances claimable
  • Lower monthly payments
    (by adding a balloon)

 

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