Leasing & Finance Options

By working in close partnership with some of the world's leading finance houses, we are able to provide you with a range of products that will meet every financial requirement within your fleet. Whether this is an operating cost or asset, risk or no risk funding, we will have a product that will suit all your company's requirements.

Allen Fleet Services has instant access to a panel of finance partners providing our customers with fast, efficient and accurate leasing quotations. All of our funding partners appear in the top 5 in the FN50.

Allen Fleet is experiencing a sustained period of growth as a leading provider of specialist fleet services for the leasing industry and enjoys tremendous economies of scale. As a major purchaser of vehicle funding and services, we regularly negotiate the most favourable supply terms with our finance partners and fleet suppliers.

Allen Fleet offers Contract Car Hire, Van Contract Hire as well as Finance Lease options. For VAT registered companies who want minimum outlay and a fixed known operating cost, Contract Hire should be your company's first choice.

Contract Hire
Chosen by VAT registered companies who want minimum outlay and fixed cost, particularly when maintenance and relief vehicle options are included.
Regular rental payments cover all risks including costs of depreciation and disposal for an agreed period of time and mileage. Road fund licence is included. Maintenance and relief vehicle provision and roadside rescue are options that can be added. 50% VAT can be recovered on the finance element, and 100% on the maintenance element if chosen.

Finance Lease
An alternative choice for VAT registered companies who want to handle the administration of their vehicles, and have them shown on their balance sheet as an asset.
A finance option in which the company can choose to pay the entire cost over the agreed lease period, plus an interest charge, or pay lower monthly rentals during the lease period with a final payment on the anticipated residual. 50% VAT can be recovered on the finance element.

Contract Purchase
For companies with high value vehicles that would like the option to purchase the vehicles without any depreciation risks.
You acquire the vehicle by paying fixed monthly instalments with the asset being shown on the company balance sheet. You can either retain ownership at the end of the contract or hand the vehicle back. Contract Purchase benefits from savings on maintenance and relief vehicles, and comes with full rescue breakdown cover and road fund licence.

Lease Purchase
Suitable for non-VAT registered companies that want eventual ownership of the vehicle.
A funding arrangement whereby the company acquires ownership of the vehicle when all payments including the option to purchase have been made, part of the capital cost of the vehicle payment can be deferred into a ‘balloon’ payment at the end of the agreement, which equates to the anticipated residual value of the vehicle at the end of the agreed leasing period.

Personal Lease
For private individuals who want a cost effective method of financing and maintaining a new or nearly new vehicle, ideal for the employee who wants to opt out of a company car program.