Contract Hire is simply an agreement where a rental is paid in return for the vehicle over one, two, three or four years. Contract Hire is ideal if your business prefers to reduce the financial risk by hiring rather than owning and it relieves you of the administration in selling the car or worrying about its value in the future.
If you are a VAT registered business, a proportion of the rentals may be tax deductible. Contract Hire is also classified as an operating lease for taxation purposes, and is therefore regarded differently to "purchase" contracts so that your business may benefit from certain other tax advantages.
Contract Hire payments are specific to the vehicle you choose and are calculated on your annual mileage. A deposit payment is compulsory. The deposit payment is an amount equal to 3 monthly payments.
We offer both non-maintenance and full maintenance Contract Hire. A full maintenance contract means the finance provider is responsible for maintaining and servicing the vehicle and includes all costs due to fair wear and tear. We would recommend a full maintenance contract if you cover more than 20,000 miles per annum. So if your business requires totally hassle free motoring, please ask our sales staff for a quote including full maintenance.
If you are looking for a contract hire quote please contact our sales team on 0845 226 0101. We currently do not offer the facility for online contract hire quotes through our web site.
On this page you can find out more about your finance options.
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Sat & Sun 9-5pm
Mon Closed