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The flexibility
Andytruc offers, allows for tailor made maintenance agreements to suit
the most exacting of customer requirements.
Our contract hire
customers benefit from written guarantees of equipment performance and
Service Department turnaround and our first time fix rate is key to
ensuring these guarantees are met.
Our extensive truck stock holding at our
Heathrow site allows Andytruc the feature to offer casual hire
equipment at the drop of a hat. In the event that a customer owned
machine should suffer a major breakdown the customer has the
satisfaction of knowing that it will not be long before they can
recommence their operation. We are sure you will agree this is a major
benefit in itself.
Whatever your requirement,
Andytruc can
offer a full range of options to enable you to make the best decision
to suit your company's finances and requirements. Whether you, buy,
lease or hire, you have the confidence in knowing that the deal will be
the most competitive available.
Further details
together with some of the features and benefits of each choice can be
found below.
Contract Hire
Lease Purchase
Finance Lease
What
do you get for your money? -"Supplier Checksheet"
Contract
Hire
Contract Hire is an Operating Lease with the additional benefit of a
maintenance and service contract included within the rental.
Because title of the truck does not pass to your company, you have all
the benefits of use without the risks associated with ownership. This
means you can run modern, more productive trucks with regular
replacement cycles but without the worries associated with obsolescence
and disposal.
You can ensure maximum effectiveness in fleet and full compliance with
safety regulations, whilst keeping costs to a minimum and enhancing
your cash flow.
It takes away fleet management responsibility, reduces administration
time and costs while offering a prime route to simplifying accountancy.
Features and
Benefits:
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Features
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Benefits
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- Rentals based
upon
use, not capital cost.
|
- Often the most
cost
efficient option.
|
- Rentals are
allowable
against tax.
|
- Tax liability is
reduced.
|
- Known rentals aid
budget forecasting.
|
- Provides
certainty for
cashflow planning.
|
- Maintenance
inclusive
rentals, eliminate fleet management worries.
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- Administration
costs
reduced.
|
- Off balance sheet
funding.
|
- Improves
financial
ratios.
|
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Back to options
Lease
Purchase
Lease
purchase which
is a form of hire purchase, provides ultimate ownership of the forklift
truck. It gives similar tax benefits to cash purchase, but
spreads the cost with the payments fixed at the outset. As
with all products the period or repayment profiles can be tailored to
meet specific needs. In addition with a lease purchase
agreement the interest can be offset against taxable income.
At the end of the agreement ownership of the forklift truck is
obtained.
Features and Benefits:
|
Features
|
Benefits
|
- On balance sheet
funding with immediate implied ownership.
|
- Customer can
claim the
appropriate allowances, upon delivery of the equipment.
|
|
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- Period of
agreement is
negotiable.
|
- Choice of fixed
or
variable funding.
|
- Facilities
provide
either certainty of instalment or the opportunity to benefit from base
rate changes, dependent on your preference.
|
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- Offers maximum
flexibility.
|
- Agreement is
secured
on the asset being financed.
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- Limits the need
for
additional security, therefore enabling other assets to be utilised
elsewhere in the business.
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- Full ownership at
the
end of the term on payment of a "nominal" option to purchase fee.
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- You become the
owner
of the equipment and can retain 100% of any future net sales proceeds.
|
- Back to options -
Finance
Lease
Exceptionally
an on
balance-sheet facility may be required without any fixed maintenance
obligation. This is a hire agreement where the rentals in the
primary period cover the whole
of the capital outlay of your truck. At the end of the
primary period, the lease enters a secondary period whereby the
agreement may be continued subject to a nominal annual rental or the
truck can be sold to a third party - in which case the majority of the
sales proceeds are rebated.
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