Finance & Leasing

Hire Purchase

The simplest way to become a Mercedes-Benz owner.

With Hire Purchase, you pay a deposit. The actual amount is negotiable. The remaining amount (plus interest charges) is repaid in regular monthly payments.

Main benefits:

  • Ownership of vehicle.
  • Flexible deposit.
  • Repayments over a fixed period.
  • Repayments in advance or arrears.

Benefits to business:

  • Payments not subject to VAT.
  • Interest may be allowable against taxable profits.
  • Writing down allowances are claimable.
  • Vehicle appears as an asset on the balance sheet.
  • Additional line of credit.