Contract Hire

Contract Hire is the most common form of 'leasing' vehicles for businesses and again is extremely VAT and Tax efficient. With a minimum initial rental, future monthly rentals are structured with or without maintenance allowing for mileage and depreciation over the term at a given total mileage. The vehicle is collected at the end of the contract for disposal.

Suits

• Businesses wishing to enter into a fixed term contract
• Businesses looking for minimum fuss at disposal
• Those that can accurately forecast their annual mileage
• Currently satisfies the need for 'off Balance Sheet' accounting

Benefits

• VAT & Tax efficient
• Full maintenance, breakdown and road tax renewal integral within the contract if required
• Known cost on depreciation and maintenance if included.
• Low initial rental
• 12 month to 4 year agreements