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Business Contract Purchase for Fleet Cars, Vans & EVs

Contract Purchase puts you in the driving seat

Contract Purchase is a fixed term, fixed amount agreement that gives you all the advantages of a managed vehicle, with the option to buy it at the end of the contract. You can enjoy the potential tax and VAT benefits of your Contract Purchase vehicle, then either return it to us when your agreement ends or pay a pre-determined payment and Option to Purchase fee to take full ownership of it.
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What are the advantages of Contract Purchase?

Corporate Car Sharing

Our award-winning answer to corporate car sharing, Alphabet Share, enables you to set up your own fully managed car sharing scheme and reduce your fleet mobility costs.

Discover Alphabet Share

Frequently Asked Questions

Contract Purchase is a unique financing method that brings together the benefits of both leasing and buying. It provides a flexible solution if you want the risk/reward of owning your fleet without the up-front costs.

The key differentiator is the option to buy the vehicle at the end of the contract. Once the agreement is over, you can choose to return the vehicle, extend the lease, or take ownership by paying a predetermined Option to Purchase Fee or Balloon Payment. This flexibility allows you to make the best decision for your business when the time comes.

Contract Purchase can also offer potential tax and VAT benefits.

Easy budgeting
With fixed monthly payments, Contract Purchase allows you to accurately budget for your fleet.

Option to purchase
Contract Purchase gives you the option to take full ownership of the vehicle at the end of your contract, offering flexibility based on your evolving business needs.

Potential lower monthly costs
By making an upfront payment, you have the opportunity to reduce your monthly rental costs, freeing up cash flow for other areas of your business.

No depreciation worries
If you choose to return the vehicle at the end of the contract, you don't need to worry about depreciation, as this risk is taken on by Alphabet.

Potential tax and VAT benefits
Depending on your circumstances, Contract Purchase may offer tax and VAT benefits.

If Contract Purchase isn't the right solution for you...

Contract Hire

Lease business vehicles for an agreed length of time and mileage, without the hassle of losing value and maintenance that comes with buying your own.

Discover Contract Hire

Finance Lease

Your business vehicles can sit on your balance sheet while you enjoy many of the flexible operating and finance benefits of Contract Hire.

Discover Finance Lease

Sale and Leaseback

Sale and Leaseback can give your business the immediate financial advantage of releasing the value tied up in your owned vehicles.

Discover Sale and Leaseback