One of our clients, a chauffeur company based near Liverpool, approached us to support the upgrade of their vehicle fleet. They required funding for a Mercedes-Benz EQS, as part of a transition away from older diesel vehicles towards a more cost-efficient electric alternative.
Highlights
✅ £52,000 secured for vehicle acquisition
✅ Required Mercedes-Benz EQS
✅ VAT-only deposit structured
✅ 48-month hire purchase agreement
✅ Transition from diesel to electric to reduce running costs
The Challenge
The client was looking to replace an older diesel vehicle with a newer electric model, while keeping initial outlay low.
They required a funding structure that allowed them to proceed with the purchase using a VAT-only deposit, alongside a manageable repayment term that aligned with their business cash flow.
The Solution
We structured a £52,000, 48-month hire purchase agreement, enabling the client to secure the vehicle with a VAT-only deposit.
This approach allowed the business to upgrade to an electric vehicle without significant upfront capital, while benefiting from lower ongoing running costs associated with electric motoring.
The Outcome
We successfully secured £52,000 in funding for the client, enabling them to replace their older diesel vehicle with a Mercedes-Benz EQS and enhance their fleet with a modern, electric alternative.
This transition supports reduced operating costs and positions the business to benefit from the efficiencies of electric vehicles moving forward.
Speak to our Finance Specialist…
Robyn Rawling
Account Manager
Mobile: 07592 503 477
Office: 01908 039 489