Contract Hire:
A popular choice for VAT registered companies who require minimum outlay and maximum control of costs. One regular rental payment covers all risks including depreciation and disposal for an agreed period of time and mileage. Road fund licence is included for the term with maintenance cover being optional.

Contract Purchase:
For non-Vat registered companies and for those with high value vehicles, who would like the option to purchase the vehicle, but don't want the depreciation risk. The customer acquires the vehicle by paying fixed monthly instalments with the asset being shown on the company balance sheet, and can either retain ownership at the end of the contract or hand the vehicle back. Road Fund License is included for the term with maintenance being optional.

Finance Lease:
Ideal for VAT registered companies who want to handle the administration of their vehicles with the asset shown on their balance sheet. The hirer can choose to pay the entire cost over the agreed lease period, or pay lower monthly rentals with a deferred final payment based on the anticipated resale value of the vehicle.

Lease Purchase:
A funding agreement suitable for both business and private users who wish to acquire ownership once all payments have been made. Part of the capital cost of the vehicle may be deferred into a "balloon" payment at the end of the agreement, which is based on the estimated future value, thus reducing the monthly payment. The balloon payment must be met by either the sale proceeds of the vehicle, or a lump sum payment.

Sale & Leaseback:
For companies wishing to retain the use of their vehicles, yet generate capital from their sale, whilst transferring to a VAT beneficial funding method. The vehicles are purchased by the leasing company at an agreed price and leased back using either Contract Hire or Finance Lease.

Private Finance:
Drivewise, PCP, Hire Purchase and Short Term Rentals.

Personal Contract Purchase:
This low deposit finance scheme is suitable for private individuals and those in receipt of a car allowance. The agreement is linked to mileage with the option to buy the vehicle at the end of the agreement for a previously agreed final payment. Alternatively the vehicle may be returned with no further cost, providing it is in reasonable condition and has not exceeded the contracted mileage. Contracts are available on new or used vehicles and can include maintenance cover if required.

Hire Purchase:
The traditional method of purchasing a vehicle over a period of time, suitable for everyone. It consists of an initial deposit, normally a minimum of 10% with the balance being paid off in full over the period of the agreement.

Direct Purchase:
We can arrange the purchase and delivery of your new or used vehicle.

Imports & Asset Finance:
Finance for all your needs.

Imported Vehicles:
Approve has expanded its portfolio of finance packages to incorporate European Import Vehicles (to UK specification). Through main import agents we can supply and finance imports offering advice as to whether there is a cost saving over a UK priced vehicle. Many vehicles can be offered from stock for immediate delivery or an order can be placed for a car to your own specification. The finance packages available are Contract Hire, Finance Lease, Contract Purchase, Lease/Hire Purchase and Personal Contract Hire/Contract Purchase.

Asset Finance:
AutoFinance UK can offer finance for the acquisition of business equipment, which can be anything from a computer system to a large piece of production machinery. We have even been known to provide finance for the acquisition of a company plane, a tractor and a boat.

Direct Purchase:
Approve can offer competitive prices on the full range of New and Used Vehicles for Direct Purchase.