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Mercedes-Benz CharterWay Hire Purchase

Benefits & key features of Hire Purchase options
Entering into a Hire Purchase agreement isn't just straightforward, it also brings some great benefits for the business user;
Interest is allowable against taxable profits
Writing down allowances are claimable
An additional line of credit
Vehicle is shown as an asset on the balance sheet
Regular payments are kept low if a balloon payment is selected
Repayments are not subject to VAT