Audi Finance

Finance on our Audi Leases

Our service continues long after one of your vehicles is driven off the forecourt.

Whether you’re a company car driver looking at the best way to make your allowance work for you or a business which requires cash flow and tax efficiency, we have in-house experts who can help you select the best funding solution for your new Audi. We are FSA (Finance Services Association) accredited and our employees receive on-going training to ensure they provide you with all the information you require to help you choose the funding which best meets your needs.

If you’re a business, you will probably select Contract Hire or Lease Purchase.

Contract Hire

You lease your Audi for a fixed period of time, usually two or three years, and pay a set monthly rental.

Key Benefits

• Low entry costs – the initial payment is usually three monthly rentals in advance

• Lower monthly rentals which can include a comprehensive maintenance cover

• Depreciation and future values are not a concern

• All administration is undertaken by Spire Automotive Ltd´s Audi business team

• There is no responsibility for the disposal of the vehicle once the contract ends

How it works

1. Select your Audi vehicle

2. Agree your repayment period

3. Agree your maximum annual mileage

4. We will provide you with a quotation which outlines your initial rental (usually three months´ rentals in advance) and your monthly rental figure thereafter

5. At the end of the agreement, providing the terms have been met, you simply return your Audi to us

Back to top

Lease Purchase

Developed to enable VAT registered businesses to enjoy certain tax advantages, Lease Purchase allows the lessee to share in the profit (or loss) on the sale of your Audi at the end of the contract period.

Key Benefits

• The VAT reclaimed from the vehicle purchase is passed onto the business which results in lower monthly rentals

• Budgeting is straight-forward because monthly payments are fixed

• Your business can reclaim 50% of the VAT on monthly rentals

• Your Audi will be classified as an asset on your balance sheet

• Since the initial capital outlay is lower, greater funds are retained in the business

• Rentals are allowable against tax

How it works

1. Select your Audi vehicle

2. At the start of the agreement an anticipated future value of the car can be set which will be paid out of the proceeds from the eventual sale of the vehicle

3. A fixed number of low monthly payments, a number of which will be required to be paid in advance, will be set

4. At the end of the agreement, you arrange to sell the car on our behalf

5. If you sell it for more than the anticipated future value (excluding VAT), we will refund the difference but if it is sold for less, you will need to make up the difference

Back to top