Business Contract Hire

A popular choice for VAT-registered companies that want minimum outlay and maximum control of costs.

With this VAT-beneficial financing package, one regular rental payment covers all risks, including costs and depreciation and disposal, for an agreed period of time and mileage. Road Fund License is included, but maintenance, relief vehicle provision and road side rescue are options that can be added and charged to the rental payment.

Key Benefits

·         Low deposit.

·         Flexible deposit terms.

·         Vat on rentals reclaimable.

·         Fixed monthly costs.

·         Off balance sheet borrowing.

·         No time consuming disposal.

·         Choice of rental periods.

·         No depreciation risk

·         No final payments.

·         Maintenance on cars can be included.