Toyota Business Hire Purchase (BHP) Explained

Business Hire Purchase (BHP) is the option for non VAT registered companies. It allows you to drive the vehicle of your choice while spreading the payments over an agreed length of time to make budgeting easy. At the end of the agreement you will have ownership of the vehicle.

Benefits of Business Hire Purchase (BHP)

Flexible deposit and fixed monthly payments over an agreed time to suit you.
Monthly payments are not based on annual mileage
Interest rate is fixed for the whole period of your tailor-made agreement.
The vehicle is treated as an asset on a balance sheet meaning tax allowances can be deducted from taxable profit.
Monthly payments are not subject to VAT, making it a beneficial solution for non VAT registered businesses.
At the end of the agreement, you will own the vehicle.

Business Hire Purchase Enquiry Contract Hire Finance Leasing

To find out more about business hire purchase get in touch with your local dealer.

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Company Info

Reg Office: Steven Eagell Limited 10 Queen Street Place London EC4R 1AG

Reg. Company Number: 4370971

VAT Reg. No. 125467512

Financial Disclosure
Steven Eagell Limited is an appointed representative of Ingeni Services Group Limited, Unit 11, Atlas Works, Foundry Lane, Earls Colne, Colchester, Essex CO6 2TE. Ingeni Services Group Limited’s FCA Number is 747381. Ingeni Services Group Limited permitted business is arranging general insurance contracts.
Steven Eagell Limited is also authorised and regulated by the Financial Conduct Authority (Ref No 671531) for consumer credit purposes. Please be aware lenders may pay us a commission for introducing you to them. This commission can be based on the amount you borrow or the vehicle you purchase. Different lenders may pay different commissions for such introductions. Any commission amounts lenders pay will not affect the amount that you pay under your finance agreement, all of which are set by the lender.