Contract Purchase has all the benefits of Contract Hire but with the choice of owning the vehicle at the end of the contract term.
Contract Purchase is a purchase plan option that allows a vehicle to be supplied over a fixed period, normally 2 to 4 years, for a fixed monthly rental. A ‘final balloon’ payment is agreed at the start of the contract term and you have the choice of paying this figure at the end of the contract to take ownership or returning the vehicle to Ogilvie Fleet.
Contract Purchase is of particular benefit for Organisations that are not VAT registered as you can ‘write off’ part of the VAT through ‘writing down allowances’.
Enjoy Ogilvie's purchasing power and competitive funding options to make a saving
Vehicle maintenance, administration and disposal managed by experts leaving you to concentrate on your core business.
Release capital tied-up in depreciating fixed assets so you can use it to fund profitable trading activity.
Choose to pay the ‘final balloon’ payment at the end of the contract and the vehicle is yours. Alternatively simply return the vehicle to Ogilvie Fleet.
Removing the Hidden Charges
If you have used Contract Purchase in the past but have been 'hurt' by hidden costs, such as exaggerated early termination costs, penalty excess mileage charges or inflated end of contract condition costs, it's not that you have chosen the wrong product, just that you have chosen the wrong supplier! Ogilvie Fleet have what we believe is the most unique total contract offering in the UK leasing industry and ensure that such hidden penalty costs don't exist. We want clients to remain as such for many years and appreciate that trying to make a short term gain is the fastest way to lose you.
Contact us to arrange a meeting with one of our Area Managers and discover more about how our unique benefits will ensure you are never hurt by such practices again.