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Why choose Ownership over Rental

LTC have made it even easier to drive your very own taxi - from as little as £159 per week.

Through Black Horse Taxi Finance, you can spread the cost of purchasing your new Euro 6 TX4, as well as having the option to simply walk away at the end of the agreement.

Our PCP (Personal Contract Purchase) product is a flexible plan lets you finance the whole taxi but defer a proportion of the taxi’s total value until the end of the agreement as an optional final payment.

This means that you can drive away in a brand new TX4 Elegance (Automatic) from £688.21 per month, equivalent to just £159 per week. With a customer deposit of £1,795 and a retailer deposit contribution of £1,500.

At the end of your agreement, you can choose to either buy your vehicle, trade up to a new London Taxi or simply walk away.*

Here's how it works:

Buy new TX4 Elegance (Automatic) for £688.21 a month (based on 48 payments) or an equivalent of just £159 per week, with a customer deposit of £1,795 and a retailer deposit contribution of £1,500 and you'll get:

  • A comprehensive 3 year, 120,000 mile manufacturer-backed vehicle warranty (contracted annual mileage of 40,000 miles)
  • 12 months' Road Tax
  • 12 months' RAC cover

In four years' time choose to either:

  • Buy your TX4 Elegance (Automatic) for a guaranteed residual value of £16,830
  • Part-exchange your vehicle and trade up to a new London Taxi (subject to settlement of your existing finance agreement)
  • Hand the keys back, returning the vehicle in good condition and simply walk away with nothing further to pay

 

TX4 Euro 6 Elegance PCP Representative Example*

On the road price £42,795.00
Customer deposit £1,795.00
Retailer deposit contribution £1,500.00
Total Deposit £3,295.00
Total amount financed £39,500.00
48 monthly payments £688.21
Equivalent weekly payments £158.82
9.2% APR Representative

Want to know more?

Contact our teamTX4 Euro 6 details
 

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Fuel economy information: TX4 (Euro 6) in mpg (1/100km): Urban 25.7 (11.0), Extra Urban 41.5 (6.8), Combined 33.2 (8.5), CO2 emissions: 222g/km.

Business users only. *Terms and conditions apply. Finance - example on Hire Purchase, 8.2% APR Representative; figures based on TX4 Style (automatic transmission) at £41,595 OTR with a customer deposit of £3,250 , followed by 59 monthly payments of £775.79 (equivalent weekly payments of £179.02), plus a final payment of £785.89, (including £10 option to purchase fee). £0 deposits may be available; the above is an example deposit based on the finance illustration. Other shorter payment plans are also available. Other models are available. 3 Years 120,000 miles comprehensive vehicle warranty included. Credit is subject to status and is only available to UK residents aged 18 and over. Finance is provided by Black Horse Taxi Finance a trading style of Black Horse Ltd, St William House, Tresillian Terrace, Cardiff CF10 5BH. Excludes Meter, credit card equipment and any local authority fees.

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