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Please
select from the following for more information:
The traditional method of
finance, hire purchase is used to allow ownership of a vehicle with payments
spread over a set period (usually between 12 months and 48 months). At the end
of the agreement, title of the vehicle automatically passes to you...
Lease purchase can have a
final or "balloon" payments built in to the end of the agreement. This results
in a decrease to the monthly rentals.
With contract hire, you are
simply hiring the vehicle of your choice for a set period of time. (typically
18 - 48 months). All you pay is a single monthly rental. You simply decide
which vehicle(s) you want, how long you intend to run them and what mileage(s)
they will cover in that time. Then leave the rest to Meridian Finance.
In return for the fixed
monthly rental, Meridian Finance will acquire the vehicle of your choice, and
deliver it to your door. For an additional premium Meridian will cover the cost
of all maintenance and servicing, including tyres, batteries, and exhausts. All
you need to supply is insurance and petrol. At the end of the contract,
Meridian Finance takes back the vehicle, and bears the risk on its residual
value.
Contract Purchase gives the
private individual or business user who is not VAT registered, the opportunity
of buying a new (or nearly new) car with low monthly payments. At the end of
the agreement you are given the option of buying the car at a pre-arranged
cost, starting a new contract or just handing the vehicle back.
Popular with individuals
opting out of company car schemes, our contract purchase scheme offers the same
wide spectrum of new and nearly new vehicles as contract hire, with finance
available over 2, 3, or 4 years. We can also cover all the maintenance costs
for your vehicle, meaning you can budget your monthly costs more precisely,
with no unexpected charges.
Meridian Finance, in
conjunction with our fleet partners, purchases a considerable number of
vehicles every year. Our strong purchasing power results in larger vehicle
discounts than those that are usually enjoyed by the private buyer. We can pass
these discounts onto you, and in conjunction with one of our competitive
financial options, supply you with one of the best vehicle packages available
in the today's market place.
Meridian is regularly
sourcing new and nearly new cars for our customers. We often locate those rare
vehicles with long delivery times for much quicker delivery. Please call or
email us with any requirements you may have. |