When it comes to financing cars a Personal Contract Plan is king! According to the Society of Motor Manufacturers and Traders, in 2016 Britain’s new car registrations grew for the fifth year in a row to almost 2.7 million. With so many opting for set vehicle rentals via PCP… why not consider a similar option for your farm machinery?
PCP enables you to drive away a brand new car every three years with the benefit of fixed costs over a term period and without the stress of service or repair costs. The Hamilton Ross Group is delighted to inform you that we can now offer a Contract Hire finance option with comparable benefits!
The main difference between PCP for Personal Vehicles and Contract Hire is that Farm Machinery is sold as a rental, so there is no option for purchase at the end of the term meaning you don’t have to worry about the hassle of selling on.
With the ever increasing capital cost of tractors and combine harvesters, Contract Hire is becoming an increasingly popular option amongst our customers.
William McGuire of Rural Finance said, “Contract Hire can be much more affordable than Hire Purchase. You can use a market leading machine at a relatively low cost. The option of a contract with maintenance also offers users extra peace of mind.”
Customers pay a set amount via affordable monthly payments with VAT due upon each rental. After the contract has ended, you can swap your machine for an upgrade.
One of the many benefits of Contract Hire is that you have the opportunity to administer the latest technological advancements in farm machinery.
With a full repair and maintenance package, you are guaranteed servicing, parts and an extended warranty.
What’s more, with 42 Manufacturer Trained Technicians on hand plus 26 mobile service vans and 2 HGVs, hassle free Hire is guaranteed with the Hamilton Ross Group.
The best option for you depends on your personal circumstances so we advise that you seek guidance from an Accountant or Financial Advisor prior to making your decision.
Call your local Depot and speak to a member of our FCA Regulated Team!
Terms & conditions apply.