Contract Hire
Through our extensive network of finance providers and vehicle manufacturers, we are able to provide the very best contract hire deals. All new vehicles include a full UK manufacturers’ warranty as standard, roadside assistance and free UK delivery.
Just some of the key benefits of contract hire are:-
- Low initial outlay – helps improve cash flow.
- Release Capital - if you are currently purchasing your vehicles through your own funding, you are inadvertently tying up a valuable proportion of your company’s financial resources. Contract Hire releases these funds for more profitable use.
- Off Balance Sheet Funding - vehicles do not show as depreciating items on your balance sheet. Rentals are classed as a revenue expense and are shown in the profit and loss account.
- VAT Benefits - you can claim back 50% of the VAT on the finance element (if the vehicle is available for personal use or 100% if only available for business use) and 100% of the VAT on the maintenance element of the rental payments.
- Fixed monthly cost (which can include maintenance) – this makes budgeting easier.
- No depreciation risk – you don’t have to worry about how much your vehicle is depreciating as you simply make fixed monthly payments for the period of the contract before handing the vehicle back.
- No disposal problems – you simply hand the vehicle back at the end of the contract.
Below are some examples of recent deals. Please contact 07850 602622 to discuss your individual requirements.
