Finance lease is only available to businesses, not private individuals. VAT status is not important; your business can be either VAT registered or non VAT registered. It is a very flexible agreement and offers a wide range of options to suit the business needs. In the agreement, you can: Set your deposit amount 3, [...]
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Hire purchase is an agreement which allows you to finance the purchase of a vehicle over an agreed period of time. It is purely a finance package and does not include maintenance or other added-value services. The lessee pays an initial deposit and then a series of monthly payments for the term of the contract. [...]
Personal contract hire is a long term vehicle rental agreement, similar to business contract hire but set up for private individuals. The payment plan is an initial deposit (minimum of 3 payments) followed by either 24, 36 or 48 monthly payments. These are not payments towards ownership; they are for the vehicles hire. At the [...]
If you run a diesel fleet, you see the cost of diesel first hand at the pump, in the news, on drivers fuel receipts. Estimating fuel costs for the year isn’t too scary. But...just how much does it cost to charge an electric van? How much power is needed to charge a fleet of 33 [...]
When you take on a hire agreement, you will be contractually obliged to return the vehicle in an acceptable condition to AMI. If you’ve hired a vehicle for a long period of time, we understand there will be a certain degree of fair wear and tear when the vehicle returns. If you've not hired a [...]
It is very important to notify the owner of the vehicle if you are planning on taking the vehicle abroad. If a vehicle is taken out of the UK without permission, it could result in alarming circumstances. Failure to provide evidence that the owner has granted you permission, could result in a fine or the [...]
It may be the smallest model in Audi’s range, but Audi have big plans for the A1. With launch due November 2018, Audi will be releasing a new model to tap further into the hot hatch market. The A1 has been a strong seller for Audi over the last decade. The outgoing model is Audi’s [...]
The future of tyre technology is an exciting prospect for fleet management. Perhaps 20 years ago, a car alerting you of a sudden tear in the tyre wall, sounds like a deleted scene from Knight Rider. But now in 2018, the advancement in vehicles electronics have completely changed our expectation of what a car should [...]
As of the 8th April 2019, most vehicles will need to meet new, tighter exhaust emission standards (ULEZ standards) or pay a daily charge, when travelling in central London. This is in addition to the Congestion Charge. For those commuting through or working in this area, it is essential to know how these changes are [...]