Alfa Romeo

News Update:

Since 1st July 09 Budgen Alfa Romeo are now approved Corporate Sales Specialists. Only a small handful of Alfa Romeo dealers have this title. Chosen for our expertise and passion, we will exceed your expectations to deliver the highest service levels in the fleet community.

Alfa Romeo Contracts is part of Fiat Auto Contracts which was established in 1997 as part of Fiat Auto UK.

Alfa Romeo and Budgen recognise that companies of all sizes find themselves needing to purchase and manage vehicles as part of their business activity. Finding the most appropriate funding method is a complex and time consuming process which demands a degree of specialist knowledge. Alfa Romeo Contract Hire helps to keep the process as simple as possible.

How does it work?

Contract Hire is the leasing of a vehicle, normally to a VAT registered business or company, for a set time and mileage at a fixed monthly rental. The monthly rental is determined by the cost of the vehicle, the period and mileage covered as well as the resultant depreciation. Maintenance packages are often included within Contract Hire agreements, but are not obligatory.

The key features are:

• Low initial outlay – usually 3 or 6 months advance rent
• Competitive rentals due to our buying power
• Fixed monthly rentals for the full contract period based on a set annual mileage 
• Contract periods of 2 to 5 years
• Road Fund Licence included throughout lease period
• Assistance and accident management provided by the AA (including European cover) for the duration of the contract.

At the end of the contract, provided the terms of the agreement are fulfilled, the vehicle should be returned to the supplying dealer.

Additional benefits:

• Fixed budget payments (if the maintenance option is selected)
• No disposal worries or depreciation risk
• This form of funding is "off balance sheet" – improving your gearing ratio (the return on assets employed within your business)
• Rentals can be offset against taxable profits for maximum tax efficiency

If you select the maintenance option the additional benefits are:

• No unexpected service or maintenance costs (subject to fair wear & tear)
• Unlimited tyre, battery and exhaust replacement when required – subject to fair wear and tear Replacement vehicle option in event of breakdown and/or accident.

For further details on how Alfa Romeo Contract hire can help you and your business, please call our sales team on 0845 126 9715.

Our online Tax Evaluator will work out the tax liability on all Alfa Romeo models.

 

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