BUSINESS FINANCE

At Sandal, we understand the importance of finding a BMW that’s perfect for you and your business, which is why we go beyond the drive to pass on our expert knowledge to help you buy the right BMW within your budget. Our finance specialists are available in both our centres to provide you advise finance options for all our customers. We listen to your individual needs and provide advice on how to build a bespoke finance package to suit your lifestyle.

There are several products to choose from, whether you are looking for lower monthly payments or shorter terms. We can offer a speedy process that ensures all paperwork is completed quickly by the dealership, without the need to send any documents away or wait for money to be transferred to your bank account.

CONTRACT PURCHASE

With the security of a Guaranteed Minimum Future Value, this is ideal for the business user who wishes to change their BMW between 24 and 48 months.

What is the process?

• Choose the BMW (new or used) you like
• Decide on suitable repayment period from 12 to 60 months
• Agree a deposit and then calculate monthly payments to align with agreement period.
• At the end of the period, the BMW belongs to you.

At the end of the lease term you have a choice:

1. Part exchange your BMW for another BMW
2. Keep the BMW and pay the final payment
3. Hand it back and have nothing further to pay.

WHY CHOOSE CONTRACT PURCHASE?

• Your monthly payments are fixed, and a final payment reduces the outlay, helping with the cash flow of your business.
• There is a Guaranteed Minimum Future Value, so you know what your part exchange value you will be at the end of the term.
• The interest you pay is tax deductible and as you BMW is on your balance sheet, you can write down a proportion of its value against your business profits.
• Flexibility at the end of the agreement provides a selection of options to suit.

​HIRE PURCHASE 

Ideal for a business customer who wishes to own their BMW and usual exchanges after 48 months or more.

What is the process?

• Choose the BMW (new or used) you like
• Decide on suitable repayment period from 12 to 60 months
• Agree a deposit and then calculate monthly payments to align with agreement period.
• At the end of the period, the BMW belongs to you.

​WHAT ARE THE BENEFITS? ​

• You have a fixed monthly payment is easier for budgeting.
• At the end of the period, the business owns the BMW
• By spending less cash up front this helps the business cash flow, or enables you to use the money to invest elsewhere
  
• The interest you pay is tax deductible and as you BMW is on your balance sheet, you can write down a proportion of its value against your business profits.

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CONTRACT HIRE

The VAT on the BMW you drive is reclaimed by the finance company in turn reducing your rental. There are other tax efficiencies available.

What is the process?

• Choose the new BMW you like
• Choose a period for hire, usually between 24 and 48 months
• Decide on your annual mileage
• Review the rentals that suit your budget
• At the end of the agreement simply hand the BMW back

WHAT ARE THE BENEFITS?

• If your business is VAT registered, your business could claim up to 50% of the VAT on monthly rentals and 100% VAT on the maintenance rental.
• There are optional maintenance contracts available.
• You can take part of your rental payment tax free.
• Initial outlay is required by the business.