Selected all your options? Now click here >>
Quick contact

Quick contact

Contact us Quote Newsletter subscribe
20th Nov 2017 - We can supply any make or model of car or commercial vehicle at competitive prices, please ring or email your exact requirements!
Green vehiclesRequest a quoteRequest a call back

BVRLA logo

co2 band Up to 75 g/km (Low CO2)co2 band A (0-0 g/km)co2 band B (1-50 g/km)co2 band C (51-75 g/km)co2 band D (76-90 g/km)co2 band E (91-100 g/km)co2 band F (101-110 g/km)co2 band G (111-130 g/km)co2 band H (131-150 g/km)co2 band I (151-170 g/km)co2 band J (171-190 g/km)co2 band K (191-225 g/km)co2 band L (226-255 g/km)co2 band M (256> g/km)
Call us on:

01344 206223

  • Competitive personal and business vehicle leasing deals
  • Manufacturer supplied stock
  • Manufacturer warranty included
  • No hidden extras
  • Free delivery
Cars in stockNewsletter subscribeLatest News and Blog

Recent news articles

News home / News archive

Business Contract Hire

A simple and cost effective way to fund any number of vehicles

Contract Hire, sometimes referred to as an Operating Lease, is a long term rental agreement. Contracts range from 12 to 60 months and are tailored to the businesses requirements.

Advantages:

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • Improved cash flow
  • Fixed interest rates
  • Rentals can be offset against the businesses 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-hired cars 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

Disadvantages:

  • Early termination can be expensive
  • If you do more miles than stated in your contract you will be charged excess mileage for each mile over that stated in your contract
  • You must look after the vehicle and return it in a well maintained condition otherwise you will be charged for any damage over and above that stated in the 'Fair Wear and Tear Guide'
  • You must have fully comprehensive vehicle insurance
  • You will never own the vehicle as there is no option to buy it

More Information on Business Contract Hire:

The Contract Hire Company reclaims the VAT on the original purchase, which reduces your monthly rentals (which are + VAT). Contract Hire is a very popular choice for VAT registered companies as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use, no exempt turnover and not being on the Flat Rate VAT Scheme).

On contracts with maintenance the VAT on the service element is 100% recoverable. One of the major benefits is that there are no 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.

Fiat 500c Convertible Special Editions
1.2 Mirror 2dr
£229.72 + VAT monthly rental
£689.16 + VAT initial rental
Business contract hire Fiat 500, Cabriolet
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1.2 litre Petrol Manual
+ compare
Jaguar XF Diesel Saloon
2.0d [180] Portfolio 4dr
£371.50 + VAT monthly rental
£2229.00 + VAT initial rental
Business contract hire Jaguar XF, Saloon
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
2 litre Diesel Manual
+ compare
Mazda MX-5 Convertible
1.5 Sport Nav 2dr
£323.00 + VAT monthly rental
£969.00 + VAT initial rental
Business contract hire Mazda MX-5, Cabriolet
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1.5 litre Petrol Manual
+ compare
Fiat 500 Hatchback
1.2 Lounge 3dr Dualogic
£172.73 + VAT monthly rental
£1036.38 + VAT initial rental
Business contract hire Fiat 500, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.2 litre Petrol Automatic
+ compare
Volvo V40 Diesel Hatchback
D4 [190] Cross Country 5dr
£298.23 + VAT monthly rental
£894.69 + VAT initial rental
Business contract hire Volvo V40, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
2 litre Diesel Manual
+ compare
Mazda MX-5 Convertible Special Edition
1.5 Arctic 2dr
£289.00 + VAT monthly rental
£867.00 + VAT initial rental
Business contract hire Mazda MX-5, Cabriolet
Business contract hire
Contract term: 48 months
Rental profile: 3 + 47
Annual mileage: 10000
1.5 litre Petrol Manual
+ compare
Fiat 500X Hatchback
1.4 Multiair Cross 5dr [Nav]
£277.61 + VAT monthly rental
£832.83 + VAT initial rental
Business contract hire Fiat 500X, Estate
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1.4 litre Petrol Manual
+ compare
BMW 1 Series Hatchback Special Edition
M140i Shadow Edition 5dr Step Auto
£404.01 + VAT monthly rental
£404.01 + VAT initial rental
Business contract hire BMW 1 Series, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 1 + 23
Annual mileage: 15000
3 litre Petrol Automatic
+ compare
Ford Focus Estate
1.0 EcoBoost 125 ST-Line Navigation 5dr
£229.98 + VAT monthly rental
£1379.88 + VAT initial rental
Business contract hire Ford Focus, Estate
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Ford Fiesta Diesel Hatchback
1.5 TDCi ST-Line X 3dr
£246.93 + VAT monthly rental
£1481.58 + VAT initial rental
Business contract hire Ford Fiesta, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Volkswagen Arteon Fastback
2.0 TSI 280 R Line 5dr 4MOTION DSG
£366.00 + VAT monthly rental
£2196.00 + VAT initial rental
Business contract hire Volkswagen Arteon, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
2 litre Petrol Automatic
+ compare
Nissan NV200 Combi Diesel Estate
1.5 dci 90 Acenta 5dr [7 Seat]
£204.01 + VAT monthly rental
£1224.06 + VAT initial rental
Business contract hire Nissan NV200, MPV
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Ford Fiesta Hatchback
1.0 EcoBoost 125 ST-Line Navigation 5dr
£179.99 + VAT monthly rental
£1079.94 + VAT initial rental
Business contract hire Ford Fiesta, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Suzuki Vitara Estate
1.4 Boosterjet S ALLGRIP 5dr Auto
£329.56 + VAT monthly rental
£988.68 + VAT initial rental
Business contract hire Suzuki Vitara, 4x4
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1.4 litre Petrol Automatic
+ compare
Ford Focus Estate
1.0 EcoBoost 125 Titanium 5dr
£198.99 + VAT monthly rental
£1193.94 + VAT initial rental
Business contract hire Ford Focus, Estate
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Jeep Renegade Hatchback Special Edition
2.0 Multijet 75th Anniversary 5dr 4WD Auto
£388.46 + VAT monthly rental
£2330.76 + VAT initial rental
Business contract hire Jeep Renegade, 4x4
This vehicle is in stock
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Volkswagen Sharan Diesel Estate
2.0 TDI CR BlueMotion Tech 150 SE Nav 5dr DSG
£367.96 + VAT monthly rental
£2207.76 + VAT initial rental
Business contract hire Volkswagen Sharan, MPV
Business contract hire
Contract term: 24 months
Rental profile: 6 + 23
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Renault Grand Scenic Diesel Estate
1.5 dCi Dynamique S Nav 5dr Auto
£301.38 + VAT monthly rental
£1808.28 + VAT initial rental
Business contract hire Renault Grand Scenic, MPV
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
1.5 litre Diesel Automatic
+ compare
Dacia Duster Diesel Estate
1.5 dCi 110 Prestige 5dr
£262.38 + VAT monthly rental
£1574.28 + VAT initial rental
Business contract hire Dacia Duster, 4x4
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Hyundai i30 Hatchback
1.0T GDI Blue Drive S 5dr
£194.00 + VAT monthly rental
£582.00 + VAT initial rental
Business contract hire Hyundai i30, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1 litre Petrol Manual
+ compare
We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website. However, if you would like to, you can change your cookie settings at any time. Close this message.