Lease/Contract Hire v Purchase Calculator
Accountshop Ltd. do not accept any responsibility for any decision you may or may not take based on this tool.
It is purely for guidance and is one of several methods of investment appraisal.
Type of Asset
Car
Commercial Vehicle
Plant/Equipment
Purchase price of asset £ (including VAT)
VAT Rate
17.50%
Annual maintenance cost
Included in Lease?
Included in Lease?
WDA
25%
(including VAT)
FYA
50%
Road Tax
Exp Car
12000
No of years expected ownership/contract length
Expected residual value (including VAT)
Contract Hire/lease monthly payment (including VAT)
Lease/Contract Hire initial payment (including VAT)
Lease/Contract Hire balloon payment (inc. VAT)
Private use % (not applicable for companies)
Your marginal rate of tax
VAT Registered? (Tick box if you are VAT Registered)
Your cost of capital
Purchase
Year
Purchase/Sale
Maintenance/Road Tax
Tax Relief
CA's
Total
Discount
NPV
CA's
WDV
0
1.0000
1
2
3
4
5
6
7
8
9
10
11
Lease/Contract Hire
Year
Initial/Balloon
Maintenance/Road Tax
Lease Pmnts
Tax Relief
Total
Discount
NPV
Restricted Lease
0
1.0000
1
2
3
4
5
6
7
8
9
10
11
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