Lease-Purchase & Rental

Why Do Users Of Materials Handling Equipment Choose To Rent?

Contract hire is widely seen as the most popular way to operate materials handling equipment. The user pays a fixed monthly rental which can also include maintenance and servicing.

Rental is generally used by businesses that want to:

Fix their materials handling costs for up to 7 years
Free up cash to use in other areas of their business
Offset 100% of rentals against taxable profits
Enjoy usage benefits without ownership risks

With rental, users have:

No need to budget for unexpected maintenance costs
No need to tie up their cash
No need to pay big deposits or VAT on delivery
No need to borrow funds to pay for equipment

Unless otherwise stated, the rental prices listed on our product pages are based on a light duty application over 5 years with a first payment of 3 months rental. Prices are inclusive of maintenance and may therefore vary, depending on the application. A site survey may be required (free of charge) before actual weekly rental cost can be confirmed.

What Are The Benefits of Lease-Purchase?

Hire purchase is ideal for users who want to purchase their materials handling equipment, but would prefer to spread the costs over an extended period of up to 7 years.

Lease purchase offers:

Ownership of the equipment at the end of the agreed term
Entitlement to writing down allowances (the user pays less to the taxman)
A fixed term and monthly rate allows the user to plan ahead and retain control of equipment costs

The lease-purchase prices listed on our product pages are based on a 5 year term with a first lease-purchase payment of 3 months. The VAT element at 17.5% is payable in advance as a deposit on the equipment. Lease-purchase prices exclude maintenance.

To rent or purchase your equipment using one of the above methods, please see our product pages for prices and request a hire agreement. If you would like any further information about rental or lease-purchase or if would like a quotation for an alternative lease term, please feel free to contact us.