Left-Hand Vehicle Finance

Finance Your Left-Hand Drive Vehicle

Left-hand drive vehicles are built and sold in various countries, and some models may not be available in right-hand drive format.

Due to factors involving a specific business’ financial situation, as well as the price of the vehicle being financed, the solution applied will vary.

We can arrange funding or finance for left-hand drive vehicles. Whether that is for personal or commercial use, we can assist.

What is left-hand vehicle finance?

Left-hand vehicle finance allows your business to acquire and use the asset you desire whilst having access to a payment structure that considers the specific needs of your capital and cash flow.

MAF Finance Group offers many different financial solutions tailored to your specific needs. Hire purchase and finance leasing allow the cost of the vehicle to be spread over an allocated period. Asset refinancing allows you to access capital from the asset on your balance sheet to fund the asset.

Our vehicle management team is one hand to provide assistance to any business across the UK.

Types of left-hand vehicle finance available?

Hire purchase: This type of asset finance distributes the cost across a set period with set monthly payments. While VAT is usually paid upfront, it can be deferred for up to three months via a VAT deferral scheme. At the end of the agreed term, you will own the asset outright.

Finance leasing: If owning the vehicle isn't necessary, leasing could be a wise choice. With this arrangement, you rent the vehicle for a set period and make regular monthly payments. At the end of the lease, you don't take ownership of the asset, allowing you to use it without the responsibility of ownership.

Asset refinancing: With this method, you can use the equity in an asset on the balance sheet to finance vehicle for your business. In this arrangement, the asset is sold to a specialist lender, and your business then rents it back under fixed terms. The capital received from the lender can then be used to fund the asset.

How does left-hand vehicle finance work?

Financing a left-hand drive vehicle gives you the opportunity to use the vehicle with a financially suitable payment structure. After paying the deposit for the asset, you pay the remaining amount over set terms, whilst in these terms, you do not own the asset, however the asset is available for use. Through financing, a specific deposit amount and term length can be selected to suit your business.

Is left-hand vehicle finance right for your business?

If you require a left-hand drive vehicle for personal or commercial use, but you need a solution that fits in with the working capital of your business, financial solutions such as hire purchase, finance leasing and asset refinancing allow you to acquire your desired asset without putting business cash flow at risk.

These financial solutions also provide predictable payment structures as well as the flexibility to tailor the specific financial agreement to your business, meaning budgeting for the asset can be aligned with other payments.

Applying for left-hand vehicle finance

MAF Finance Group work with a host of banks and funders to provide the best financial products available.

If you would like to get a quote or learn more, please fill out the form and we will contact you shortly. If you would like to speak to us directly, you can call us on 0115 958 6872 and a member of our team will be happy to speak to you. Alternatively, you can email us at [email protected].