When a company director was looking to replace his current company car he knew who to speak to about arranging the finance.

Whether a car is being purchased in a business or personal name, the team at TVAF are on hand to help.

On this occasion the client was looking to buy a MHEV Range Rover for nearly £150k. If you are wondering what MHEV stand for it’s Mild Hybrid Electric Vehicle.

A Hire Purchase agreement with a balloon was arranged, which meant some of the capital was deferred until the end of the 4 year agreement. Balloon payments are often available on car finance agreements, so contact us if you want to know more.

The car was supplied by an independent dealership who we knew from a previous transaction for another client.

As the car was located a few hundred miles from the business, the dealership arranged to deliver the car and it was waiting for the director upon his return from holiday.  

Happy holidays!