SSANGYONG

FINANCE

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Contract Hire

For business and personal users who don’t want to own their vehicle, contract hire provides convenient way of adding SsangYong to your fleet.

Payments are kept lower than hire purchase agreements as the value of your vehicle (at the end of your contract) is offset, meaning you only pay for the time you are using it.

Due to an agreed contract length, contract hire payments are much lower than a normal hiring rate and for VAT registered businesses, the VAT can be claimed back which is why business contract hire rates are quoted excluding VAT.

SsangYong Contract Hire monthly prices can be quoted to include or exclude maintenance so you can always keep track of your vehicular maintenance budget. Contract Hire maintenance packages often exclude tyres. Most contract hire agreements include road tax so with a maintenance package attached, the only running costs you need to cover (over and above your monthly payments) are tyres, fuel and insurance.

SsangYong Contract Hire is the finance option of choice for businesses who want to keep their fleet costs within a tight budget. All new SsangYongs come with a limitless 5-year warranty so you can be sure of their reliability and are covered if the worst happens.

Most personal customers opt for the Personal Contract Purchase scheme instead of contract hire agreements as it offers the flexibility in case they choose to own the vehicle sometime in the future. Please note: on a SsangYong contract hire agreement customers will never own their vehicle.

SsangYong Contract Hire rates are often quoted with a rental amount (based upon the term, likely annual mileage and whether customers opt for included maintenance) and a certain amount of advance payments are needed up front (in place of a standard deposit). For example, if you see a SsangYong contract hire profile with £199 +VAT 3×35 (6K), this means that the monthly payments are £199 +VAT over 35 months with 3 equal payments of £199 +VAT (597 +VAT) to be paid upfront.

Advantages of SsangYong contract hire agreements

  • Your fleet of vehicles is kept up to date with the ability to replace your vehicle after your term on a new contract
  • Ideal for high-mileage users such as taxis, farmers and logistics firms
  • Road tax is often included
  • VAT can be claimed back (if you are VAT registered business)
  • Monthly payments can be kept low
  • Maintenance package can be included.

Disadvantages of SsangYong contract hire agreements

  • Customers will never own the vehicle
  • Mileage used in excess of the agreed annual amount is chargeable on a pence-per-mile basis
  • No flexibility in the agreement unlike Personal Contract Purchase

For more details on financing your next SsangYong car or commercial on Contract Hire, contact our specialists today. If you are sure that SsangYong Contract Hire is for you, you can use the online finance application form below to apply today.

ssangyong-car-finance-business-contract-hire-payments

Contract Hire

For business & personal users who don’t want to own their vehicle, contract hire provides convenient way of adding SsangYong to your fleet with low payments

ssangyong-car-finance-personal-contract-purchase-pcp-payments

Personal Contract Purchase

The most affordable finance scheme for new and used cars is SsangYong Personal Contract Purchase (PCP). Get on the road for lower monthly payments

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Hire Purchase

Hire Purchase is the popular choice for SsangYong drivers who want to own their vehicle and is set out to take the stress out of buying your next car

Finance Application

For the Ssangyong Turismo

Sales Location

Oxford Road
Reading, Berkshire RG31 6TQ
Phone: 0118 402 4780

Monday8:30 AM - 6:00 PM
Tuesday8:30 AM - 6:00 PM
Wednesday8:30 AM - 6:00 PM
Thursday8:30 AM - 6:00 PM
Friday8:30 AM - 6:00 PM
Saturday8:30 AM - 5:30 PM
Sunday10:00 AM - 4:00 PM

Your official SsangYong dealership for new and used car sales, servicing and parts in Reading, Newbury, Basingstoke & the surrounding area

Apply for car finance by completing the details below

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Finance Options

You’ve chosen your next SsangYong and there are some easy finance options to make your purchase even more affordable. Discover them all here at Charters

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0118 402 44780

Charters SsangYong

Oxford Road
Reading, Berkshire RG31 6TQ

Monday8:00 AM - 6:00 PM
Tuesday8:00 AM - 6:00 PM
Wednesday8:00 AM - 6:00 PM
Thursday8:00 AM - 6:00 PM
Friday8:00 AM - 6:00 PM
Saturday8:00 AM - 1:00 PM
SundayClosed

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