Contract Hire
If you want to reduce costs, avoid risks and diminish administrative workloads, then fleet funding and management options can be tailored to meet your needs.
Who do we provide solutions to?
Whatever your fleet size, we can provide a solution to meet your precise needs.
Contract Hire
The solution for companies who want to concentrate on important business activities and avoid the financial risk and administrative burden of owning their vehicle fleet.
- Fixed rentals for the whole package making budget planning easier.
- Flexible terms to meet your requirements, variable duration and mileage terms.
- Maintenance of vehicles can be included in monthly rentals, spreading the cost.
- Removes depreciating assets from the balance sheet.
- Removes the associated risks of owning the vehicles.
- 50% VAT reclaimable on the finance element of agreement, 100% on the maintenance element – applicable if vehicle used for business and private use.
- 100% of the VAT is recoverable on both the finance and maintenance elements of the agreement – applicable if vehicle is used solely for business purposes.
- Flexible invoice arrangements to reduce administration.
Contract Purchase
The solution for companies who want to own their vehicles but want to avoid the risk of depreciating assets.
- Similar benefits to contract hire regarding fixed payments and flexible terms.
- Maintenance and added value services can be included if required.
- Guaranteed the resale value of the vehicle at the end of the contract purchase agreement for a known, fixed amount.
- Ownership passes to the customer at the end of the agreement when all payments have been made.
