Contract Hire
What is Contract Hire?
If you don’t want to pay cash for your low cost new car or used car, then contract hire could be the option for you. Contract hire is a business user facility, sometimes known as operating lease. Essentially it is a long term rental facility with or without maintenance and an annual mileage stipulation. On cars VAT is chargeable on the total rental - 50% of the VAT on the finance part is reclaimable and 100% of the VAT on the service content. Contract hire is best suited to business users who intend to hire the vehicle for a defined period and simply return it at the contract end.
The contract hire quotes on this site are valid for companies trading longer than 2 years. This is a usual requirement for the majority of contract hire companies. However there are other finance packages that we can quote for new start companies. Ring us on 0870 909 0607 for alternative quotes.Note:- For vans on contract hire VAT is reclaimable at 100% of the finance and maintenance (if applicable) content of the monthly payment.
Unless otherwise stated all contract hire offers are as follows:
- 3 payments in advance followed by 35 monthly payments.
- Maintenance can be included for an extra charge.
- Based upon 10,000 miles per annum.
- Our quotes are manually constructed from the lowest cost contract hire providers on the market.
The above quotes can be amended to suit your requirements or we can quote for alternative vehicles – visit our 'What suits your pocket' page or contact us on 0870 909 0607 for more information.
