Business Contract Hire

Business Contract Hire is a simple and cost effective way to fund any number of vehicles

Contract Hire is a long term rental agreement. Contracts range from 12 to 60 months and are tailored to the businesses requirements.

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Our Top Offers

Stock offer
NISSAN LEAF HATCHBACK
110kW Tekna 40kWh 5d...
Term: 36 months
Profile: 9 + 35
Mileage: 5000
£166.27 ex VAT
Booking Fee: £300.00 ex VAT
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special offer
VOLKSWAGEN TOUAREG
3.0 V6 TDI 4Motion 2...
Term: 48 months
Profile: 9 + 47
Mileage: 5000
£322.99 ex VAT
Booking Fee: £300.00 ex VAT
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Stock offer
AUDI A5
40 TFSI 204 Edition ...
Term: 48 months
Profile: 9 + 47
Mileage: 5000
£352.45 ex VAT
Booking Fee: £300.00 ex VAT
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Stock offer
VOLKSWAGEN POLO HATCHBACK
1.0 EVO 80 Match 5dr
Term: 48 months
Profile: 9 + 47
Mileage: 5000
£128.05 ex VAT
Booking Fee: £300.00 ex VAT
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special offer
VOLKSWAGEN ID.3
150kW Life Pro Perfo...
Term: 48 months
Profile: 9 + 47
Mileage: 5000
£216.08 ex VAT
Booking Fee: £300.00 ex VAT
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special offer
TESLA MODEL 3
Standard Plus 4dr Au...
Term: 48 months
Profile: 9 + 47
Mileage: 5000
£336.44 ex VAT
Booking Fee: £300.00 ex VAT
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special offer
VOLKSWAGEN GOLF HATCHBACK
2.0 TSI GTI 5dr DSG
Term: 36 months
Profile: 9 + 35
Mileage: 5000
£232.76 ex VAT
Booking Fee: £300.00 ex VAT
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special offer
KIA SPORTAGE
1.6 CRDi 48V ISG 2 5...
Term: 48 months
Profile: 9 + 47
Mileage: 5000
£175.29 ex VAT
Booking Fee: £300.00 ex VAT
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Business Contract Hire

Advantages:

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • Improved cash flow
  • Fixed interest rates
  • Rentals can be offset against business profits. Cars with a CO2 output above 130g/km are currently subject to a 15% disallowance on the amount of the rental that can be claimed against the businesses taxation, for contract-hire vehicles with a CO2 output of 130g/km or below, there is currently no disallowance
  • Reduced administration
  • On-going advice and support
  • Road Fund Licence provided (vehicle excise duty paid) for duration of contract
  • Optional maintenance package
  • Optional breakdown rescue cover
  • Optional replacement vehicle cover in event of breakdown
  • Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company

On contracts with maintenance the VAT on the service element is 100% recoverable. A major benefit is there are no vehicle disposal worries as the future value is underwritten by the leasing company. Another benefit of Contract Hire is that it is generally 'off balance sheet funding' (subject to legislation change) which means it can improve your gearing ratio (assets to borrowing ratio) and therefore possibly your borrowing ability in the future.


Find out more in our useful information document, available here.