JT Hughes Business

At JT Hughes we know how important buying a car is for your business, and just how complex business needs are. We know the service you are looking for is different, that your requirements are commercial, and that this relationship is a relationship between business professionals.

Because we understand this so well we’ve been able to build an enviable reputation supplying Honda, Hyundai, Kia and Mitsubishi vehicles to business customers across Shropshire, Mid Wales and beyond. We’ve taken the time to get to know each customer, always working the way they want to work, adapting our processes to fit theirs and making sure our business suits their business.

Dedicated Business Centre
JT Hughes Motability

That’s why we’ve set up a dedicated centre for our business customers. Based in Telford, but with an influence that stretches across Shropshire, Powys and Wrexham, you’ll find managers specialising in sales and logistics and a skilled, knowledgeable, team. They understand each model in depth and their advice on products and process allow you to buy with commercial confidence - and enjoy the business efficiencies that come with it.

Buying business vehicles can sometimes seem unnecessarily complex, but we don’t believe it should be. From initial acquisition through operation to final disposal we make everything straightforward.

How we can help

From a single car to a company-wide solution, the price you pay for your vehicles is important – but it’s not the only factor. You’ll want to know how they perform in an operational environment, the admin costs and the logistical overheads. And you’ll want to be certain every driver is happy; their opinions count.

That makes our job all the more challenging, and it’s why we spend time with you making sure your decision is the right one, and that you’ll come back time and time again.

Longer test drives

There is only one way to decide which Honda, Hyundai, Kia and Mitsubishi is best for you - drive it. That’s why our extended test drives last longer than most - giving every driver the time to get to know each vehicle on the Shropshire roads they know.

Beating the budget

Hardly a budget goes by without a change to vehicle duties. That makes choosing your vehicle even more challenging, and it’s why, as business specialists, we are always happy to answer questions. No business is the same, but our practical advice makes navigating the twists and turns of national insurance, corporation tax and VAT just that little bit easier.

Know your financial options

Every business is unique. Operational constraints, capital and cash flow vary widely, so finding the ideal solution needs careful consideration of all the options.

Outright Purchase

You may feel that the right option to give your business more flexibility is to wholly own your company vehicles. JT Hughes offers generous deals on company and fleet purchases on our range of Honda, Hyundai, Kia and Mitsubishi company cars and award-winning commercial vehicles.

The business advantages of outright purchases are:

  • No mileage restrictions
  • Easy to release capital in the vehicle at any time
  • No contractual obligations
  • Own the vehicle outright, no third party involvement
Lease Options

There are a variety of different leasing methods available to businesses, all of which have several different benefits.

Through leasing rather than buying, firms are able to take advantage of low initial payments and the certainty that comes with pre-determined, fixed payment terms. This certainty affords greater control with regards to cash flow and budgeting, while at the same time giving employees in larger enterprises the flexibility to choose and change vehicles depending on their individual requirements.

The most important thing is to choose a scheme which is the most suitable for your business, both now and in the future.

Lease purchase

This allows firms to lease a vehicle with the view to owning it at the end of the contract. By doing so firms can gain special allowances and offset interest charges against tax, without having to fund the full cost of the vehicle immediately.

This is a popular option as because there is only a small initial outlay, businesses are able to improve their vehicles immediately while minimising the drain on capital.

There is also the option to pay less each month and at the end of the lease make a larger 'balloon payment' which is set at a level to reflect the use and anticipated mileage undertaken during the agreement.

At the end of the deal firms can choose whether to pay the lump sum and keep the vehicle, or part exchanging it, using any remaining amount towards a deposit on a replacement vehicle.

Finance lease

With a finance lease, companies choose to pay either the entire cost of the vehicle, including interest charges, over an agreed lease period or opt to pay lower monthly rentals with a final payment based on the anticipated resale value of the vehicle.

The user is able to determine a fixed cost for the vehicle but also takes on the administration and operating risks including unexpected maintenance, repairs and losses in residual value.

At the conclusion of the contract firms can continue to operate the vehicle for a nominal fee, but will at no time take ownership of the asset.

Ownership of the vehicle remains with the leasing company for the duration of the contract, but the car does appear on your balance sheet with the capital element of the outstanding rentals representing a liability.

Some or all of the rental charge can be offset against taxable profits.

Contract hire

Contract hire is the most popular way of hiring a business vehicle with more than half of all new company cars registered each year funded this way. A vehicle is leased to a company for a set time and specified mileage, in return for an initial fee (usually three months rental) and a subsequent monthly charge. At the end of the contractual period, it is returned to the leasing company.

Having gained legal ownership, the new owner can keep the vehicle, sell it on directly, or sell the car back to the finance company for a price agreed at the start of the contract.

Ownership of the vehicle for tax purposes passes to the user on the day the contract is signed, meaning that its cost can be written down on the balance sheet (by claiming capital allowances).

This method gives the users totally predictable motoring costs and cash flow, while keeping administration to a minimum. Also, because the vehicles are then owned by the business at the end of the contract they're able to increase the company's asset valuation.