Choose Your Funding Method
Meeting Your Requirements	Contract Hire	Finance Lease	Contract Purchase	Hire/Lease Purchase	Personal Leasing	Outright Purchase
Finance/Taxation Issues
Accurate Monthly Budgeting						_
Improved Cash Flow						_
Minimum Capital Expenditure						_
Fixed Rates
Capital Allowances Available	_	_
Rental Allowable Against Taxable Income			_	_		_
Ownership of Vehicle +			++		++
VAT Chargeable on Rentals			_	_	_	_
VAT Recoverable on Monthly Rentals	*	*	_	_	_	_
VAT Recoverable on Purchase Cost by First European and Passed on to Customer in Lower Rentals			_	_	_	_
No Depreciation Risks				_		_
Vehicle Running Requirements
No Vehicle Disposal Problems		_		_		_
Reduced Administration						_
Ongoing Advice/Support						_
Ongoing Road Fund License Provided ++		_		_	_	_
Replacement Vehicle in case of Breakdown ++		_		_		_
Fixed Charge Maintenance ++						_
VAT Chargeable on Services & Maintenance		_		_
VAT Recoverable on Services		_		_

+     At end of contract with financing products
++   Optional
*     Only 50% of the VAT relating to the finance element is recoverable if private use or 100% if only business use. 100% of the service element VAT is recoverable if business use.