AVS - Adaptive Vehicle Solutions - Prestige, Luxury Leasing Cardiff

New Personal Vehicles

Finance Lease Scheme
A contract based upon a pre-agreed period to simply finance the acquisition of a vehicle. The capital cost is spread over the term and typically incorporates a final payment based upon the predicted resale value determined by the anticipated annual mileage. VAT on the original purchase price is reclaimed by the Funder, which allows the monthly costs to be reduced to reflect the VAT saving. Finance Leases can be terminated early and allow greater flexibility although depreciation risk remains with you. The vehicle is sold to a third party at contract termination and provides the opportunity for you to benefit from any available equity.

Finance Lease Purchase
This type of agreement is a pure funding method of spreading the vehicle purchase value over an extended term. Initial payment requirements are usually lower than hire purchase and a proportion of the depreciation can be deferred by including a final balloon payment.

Personal Contract Purchase
Designed for the consumer, PCP utilizes the future value of a vehicle to reduce monthly costs. This value is guaranteed based upon an agreed predetermined annual mileage and allows an option to either purchase the vehicle for this price or simply return it to the Funder with no extra cost (subject to mileage and/ or condition). Service and maintenance facilities can also be included where required.

Please see finance section for further details.