EMC Vehicle Contracts - Frequently Asked Questions (FAQ)

Here are some of the most commonly asked questions about Personal and Business Car Finance.

1. Do I need to be VAT registered?
2. How long are the contracts for?
3. How do I calculate company car tax because I am concerned about my personal tax liability?
4. I have about £250 per month to spend but I am unsure what to do next. Can you help me?
5. How much will I be charged for a deposit?
6. I know I can order any make/model of vehicle but what about colour and extras etc?
7. How do I contact you?

Do I need to be VAT registered?

Many of the packages are aimed at VAT registered businesses but there are also packages available for non-VAT registered companies such as Lease Purchase or Personal Contract Hire. The latter is ideal for private individuals or those looking to save money by opting out of their company car scheme.

How long are the contracts for?

Most contracts are for between 24 and 48 months, the most popular choice being 36 months. This is because a 3 year contract is often the most cost-effective in terms of maintenance and running costs. We can also offer hire purchase on our new and used cars and commercial vehicles with agreement terms from 12-60 months.

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How do I calculate company car tax because I am concerned about my personal tax liability?

Many people are finding Personal Contract Hire to work to their advantage when compared against paying company car tax. If you are unsure how much you are due to pay in tax you could try using a company car tax calculator.

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I have about £250 per month to spend but I am unsure what to do next. Can you help me?

We will ask you about your preferences regarding monthly budget, contract length, proposed annual mileage etc. and use this information to find all the vehicles which fall within your criteria. We can then alter the criteria until we find a vehicle that works best for you within your budget.

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How much will I be charged for a deposit?

The deposit is usually 3 times the ongoing monthly charge. We can reduce it to 1 months charge, but as you would expect this increases the ongoing monthly charge.

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I know I can order any make/model of vehicle but what about colour and extras etc?

The vehicle colour and paint type (metallic, pearlescent etc.) is your choice. The specification is also up to you, enabling you to choose as many extras available from the manufacturer as you wish including climate control, sunroof, traffic computer, headlamp wash wipe etc.

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How do I contact you?

You can fill in our enquiry form and submit it to us online, send us a fax with your details using the number above or call us on 0870 903 5323.