Workshop equipment finance options explained

In tough times like these, investing in new big-ticket workshop items might feel like a financial hardship. Often though, it is a necessity in order to keep your business moving, and to continue to provide your customers with exceptional and timely service.

Luckily, there are flexible options available to make financing your equipment much more manageable. Here we take a look at the main finance options available with Totalkare.

 

LEASE HIRE

Lease hire is the perfect option for those requiring equipment over a long term period who would like to spread costs out. Fixed monthly payments not only cover the rental of the equipment, but also include full repair and maintenance service for the duration of the term.

Totalkare lease hire packages are available on terms to suit you ranging from 12-60 months. You will not own the equipment and will return it at the end of the term.

 

 Short term

✔ Includes full repair and maintenance service

Own equipment at the end

✔ Available on mobile column lifts and mobile brake testers

Available on fixed installations (fixed lifts, in-ground brake testers and inspection pits)

 

LEASE PURCHASE

This option is similar to lease hire, except you own the equipment at the end of the term. The equipment is paid for via a combination of initial deposit, low monthly payments and a final balloon payment at the end of the agreement.

Totalkare lease purchase packages are typically offered on terms ranging between 12 and 60 months.

 

 Short term

✔ Includes full repair and maintenance service

✔Own equipment at the end

✔ Available on mobile column lifts and mobile brake testers

✔ Available on fixed installations (fixed lifts, in-ground brake testers and inspection pits)

 

 

 

SHORT TERM HIRE

At Totalkare we can offer short term hire on mobile brake testers (minimum term three months) and mobile column lifts – both new and pre-owned (minimum term eight weeks). Therefore, if you only have a short term requirement, this option is perfect!

 

✔Short term

✔ Includes full repair and maintenance service

 Own equipment at the end

✔ Available on mobile column lifts and mobile brake testers

 Available on fixed installations (fixed lifts, in-ground brake testers and inspection pits)

 

 

Totalkare’s finance partner

There are different ways to spread the costs of these finance plans and we’ll work with our financing partner, PMD Business Finance, to find the best solution for you. For example, low start finance with weekly payments that can be less than the cost of an hours’ labour, zero deposit finance or, if applicable, new start-up business finance.

All finance plans are subject to terms and conditions, but you can call us today to start the discussion and see what can be done.

Lee Schofield, Sales Director for PMD Business Finance, commented:

“We have supported Totalkare for over 10 years and have financed hundreds of items of equipment for their clients over that time. Feedback for their equipment, maintenance and people has been nothing but positive over the years and they have always been a pleasure to deal with.”

 

OUTRIGHT PURCHASE

Of course, there is always the option of an outright purchase of our equipment. If you have the capital and want simple and straightforward ownership of the full equipment, this is an option for you. Outright purchases can still be supported with a Totalkare service contract, which provides you with regular servicing and will take care of any repair and maintenance for years to come.

 

Contact our friendly team today to discuss your purchase options.

Take a look at our product range here.