Current prices correct as of March 2012
The Panino – £24,195.00 The Mezze - £28,495.00 The Estilo - £29,595.00
The Bocado - £32,295.00 The Barista - £36,295.00
All the above prices are subject to VAT at the prevailing rate, road fund licence and 1st reg fee
Finance can be obtained through our partners at Oxford Funding, for more info click their banner to the left.
As a Jiffy Truck is a valuable business asset many of our existing customers benefit from financing the purchase of their vehicle.
Jiffy is a specialist vehicle manufacturer and we do not offer finance ourselves because we believe you, our customer, will get the best deal through an independent broker, bank or building society. Over the years however we have developed a good working relationship with many finance oraganisations and as such can provide an impartial list of companies that have successfully financed our vehicles for customers in the past if it will be of assistance to you.
We do recommend that you obtain quotes from several reputable companies and choose the best one for you and your company.
There is a wide variety of finance deals on offer today and we appreciate that they can seem quite bewildering to start off with so the following is a brief description of the most common types, though your finance company should be able to advise you properly:
The most popular method for buying a vehicle, but not generally used for financing business equipment.
A deposit (usually 10-15%) is required, plus all the VAT on the vehicle.
The balance is then financed over a fixed term, at a predetermined fixed rate of interest. The interest can be offset in your accounts. At the end of the term, the Truck is yours and can be part exchanged against a new one at its full value. A document fee is also payable with the first payment and an option to purchase fee with the last payment.
Lease Finance (sometimes referred to as Lease Purchase):
A deposit (usually 10-15%) is required, plus VAT on this figure.
The balance is then financed over a fixed term, at a predetermined fixed rate of interest, with each payment being made plus VAT. The entire monthly repayment can be offset in your accounts. At the end of the term, on payment of a “Transfer of Title fee”, the Truck is yours or you may hand the Truck back. A document fee is also payable with the first payment.
A deposit of up to 6 months rentals is required, followed by monthly rentals for the agreed period (all rentals are liable for VAT). An annual mileage is generally agreed upon and Road Fund Licence for the whole hire period may be included. For an additional monthly charge, a maintenance package for the chassis (called Contract Hire with Maintenance) or a full “nose-to-tail” maintenance package (called TLC) may be added.
The Truck is kept off the balance sheet, with the rentals offset in your accounts.
At the end of the agreed term, the Truck is returned to the Finance Company (when excess mileage or damage may be charged) and a new agreement with a new Truck will be started.