Business Contract Hire
Contract Hire is an ideal product for businesses who do not want the financial
risk of running their own vehicle fleets, and who are looking to reduce the
administrative
burden of buying, servicing and disposing of their vehicles. |
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Fixed monthly cost:
A fixed monthly payment is charged over the life of the contract and the initial up front payment is normally just three months rental.
VAT Benefits:
Once the vehicle is on the road, your business can then claim back 100% of the VAT on the servicing element of the rental cost and 50% of the finance rental cost.
Reducing your Financial Risks:
We take all the risks involved in everything from residual values and maintenance to interest rates. That leaves your business to simply pay the monthly Contract Hire costs, insure and fuel the vehicle.
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