Business contract hire

What is contract hire? Should I finance a car with business contract hire? With lower initial outlays, fixed monthly payments and no risk of deprecation - business contract hire is the hassle-free and sensible way to fund a new car or van. When working within a business, costings related to vehicles can often be a worry.

The company taking out the agreement doesn’t own the vehicles, however, so when the term of the contract is over, the cars are returned to the lease company.

Much like personal contract hire, business contract hire you will pay for the use of the vehicle either 2 3 or 48. At the end of your.

You will pay the rent of the vehicle in monthly instalments and then return the vehicle at the end of the lease agreement, leaving the provider to worry about depreciation and the disposal of the car or van. VAT may be reclaimable on 100% of optional maintenance, servicing and repair package costs and 50% of rentals (assuming a mix of private and business use).

Discover how Economy Leasing can help you with any vehicle contract hire that you require whether you are looking for a personal or business leasing deal. We understand when it comes to personal contract hire that everyone’s different and we go the extra mile to find the right vehicle for you.

This is the traditional model of leasing.

Contract Hire works like a long-term rental agreement. Monthly payments for these leasing agreements are based on the car’s expected value at the end of the agreement. This has the lowest monthly rates.

Cars are returned at the end of the agreement. Mileage limits apply. Business hire purchase - You own the car at the end. As with PCH your contract would be based on a fixed.

VAT registered companies can claim 50% of the VAT on the cost of renting a vehicle. We will include the Road Fund License within the cost of your monthly payments.

Car leasing and contract hire cars If you’re looking to lease a car, we’ve got you covered… We’re proud to be amongst the most popular contract hire and leasing companies within the UK. With a huge range of fantastic models to choose from, complete with flexible and affordable contracts, we make car hire or vehicle leasing quick and easy. Maximum mileage is 120over the full contract duration for petrol vehicles and 150for diesel vehicles.

Clcik here for all the information. Select Car Leasing are a credit broker not a lender. With this option you lease your vehicle for a fixed period and for a fixed monthly rental.

This rental includes the cost of your vehicles Road Fund Licence for the duration of your agreement.

Other mileages are available, please enquire for more details. All business prices are subject to VAT. VAT is a major consideration for registered businesses and forms an important part in the overall assessment of business contract hire tax. An optional maintenance, routine service and repair package, could make things even simpler.

We provide motor vehicle finance brokerage services to customers via third party finance providers on business and personal contract hire agreements. Our registered address is Ambassador Place, Stockport Roa Altrincham, Cheshire. If all return conditions are met, there’s nothing more for them to pay.

During a contract hire agreement, if you think that you’d like to extend the period this can usually be arranged with the leasing company. Rentals exclude optional maintenance. Helping the UK find the right contract hire and leasing deal We’re here to make leasing as easy as possible.

We know that it can be a hassle finding the right plan for the right car, which is why we always make sure that we’ve got plenty to choose from, whatever you’re looking for.