If you are a business executive and you are looking to create the right impression with your clients then I would say you can do no better than getting a Mercedes. The car is a statement of success and affluence and breeds a level of confidence that is second to none. However you don’t want to be doing with any hire purchase or Personal Contract Payments. If this car is setting you image then you need to be looking at having a new one on the road every few years.
Hence the way to go is with Mercedes finance personal contract hire as with this deal you can lease a Mercedes for a set time and just pay a fixed monthly payment. There is also no rad tax to pay either so you don’t have to be thinking about smaller engines for cheaper tax.
How the Mercedes Finance personal contract hire works
You start by paying and up front amount against the rental. The monthly payments are then determined by Mercedes Finance based on a projected value of the car at the end of the agreement minus the current value of the car. It is so simple and it means that your monthly payments are fixed and also much cheaper.
There are a few optional extras that you can build into the agreement for example you can either opt for no maintenance or full maintenance, services only and even maintenance including tyre replacement. This option is worth considering as it can free you up to having to cover large bills for say tyres however you will need to look into how much this will add to the monthly payments.
At the end of the agreement term then you just return the car and as long as it is within the agreed mileage then there will be no more charges. You can then take out a new agreement and get yourself another brand new Mercedes on the road. The best part of this though is that you can offset you monthly payments off your self assessment at the end of the tax year and if you are registered for VAT you can even recover the VAT on the car which at 20% is quite a saving.