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17th Jan 2018 - We can supply any make or model of car or commercial vehicle at competitive prices, please ring or email your exact requirements!

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.

Renault Grand Scenic Diesel Estate
1.6 dCi Dynamique Nav 5dr
£317.39 + VAT monthly rental
£952.17 + VAT initial rental
Business contract hire Renault Grand Scenic, MPV
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1.6 litre Diesel Manual
+ compare
BMW 4 Series Diesel Coupe
420d [190] M Sport 2dr Auto [Professional Media]
£335.10 + VAT monthly rental
£1005.30 + VAT initial rental
Business contract hire BMW 4 Series, Coupe
This vehicle is in stock
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Volvo V60 Diesel Sportswagon
D2 [120] Business Edition 5dr
£267.81 + VAT monthly rental
£803.43 + VAT initial rental
Business contract hire Volvo V60, Estate
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
2 litre Diesel Manual
+ compare
Renault Megane Diesel Sport Tourer
1.5 dCi Dynamique S Nav 5dr
£344.00 + VAT monthly rental
£1032.00 + VAT initial rental
Business contract hire Renault Megane, Estate
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
1.5 litre Diesel Manual
+ compare
Hyundai Ioniq Hatchback
1.6 GDi Plug-in Hybrid Premium 5dr DCT
£237.00 + VAT monthly rental
£1422.00 + VAT initial rental
Business contract hire Hyundai Ioniq, Saloon
This vehicle has low CO2 emissions (Tax band B)
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.6 litre Petrol/PlugIn Electric Hybrid Automatic
+ compare
SEAT Leon Hatchback
1.8 TSI FR Technology 5dr
£200.31 + VAT monthly rental
£1201.86 + VAT initial rental
Business contract hire SEAT Leon, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.8 litre Petrol Manual
+ compare
Renault Captur Hatchback
1.2 TCE 120 Signature X Nav 5dr EDC
£270.17 + VAT monthly rental
£810.51 + VAT initial rental
Business contract hire Renault Captur, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1.2 litre Petrol Automatic
+ compare
Honda CR-V Diesel Estate
1.6 i-DTEC SE Plus 5dr 2WD [Nav]
£222.92 + VAT monthly rental
£668.76 + VAT initial rental
Business contract hire Honda CR-V, Estate
This vehicle is in stock
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1.6 litre Diesel Manual
+ compare
Ford Focus Diesel Hatchback
2.0 TDCi 185 ST-2 Navigation 5dr Powershift
£320.14 + VAT monthly rental
£960.42 + VAT initial rental
Business contract hire Ford Focus, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Mercedes-Benz E Class AMG Saloon
E43 4Matic 4dr 9G-Tronic
£961.26 + VAT monthly rental
£2883.78 + VAT initial rental
Business contract hire Mercedes-Benz E Class, Saloon
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
3 litre Petrol Automatic
+ compare
Kia Niro Estate
1.6 GDi PHEV 3 5dr DCT
£239.49 + VAT monthly rental
£1436.94 + VAT initial rental
Business contract hire Kia Niro, Estate
This vehicle has low CO2 emissions (Tax band B)
Business contract hire
Contract term: 36 months
Rental profile: 6 + 35
Annual mileage: 10000
1.6 litre Petrol/PlugIn Electric Hybrid Automatic
+ compare
Honda HR-V Diesel Hatchback
1.6 i-DTEC S 5dr
£239.71 + VAT monthly rental
£719.13 + VAT initial rental
Business contract hire Honda HR-V, Hatchback
This vehicle is in stock
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1.6 litre Diesel Manual
+ compare
Ford Mondeo Diesel Estate
2.0 TDCi ST-Line Edition 5dr
£273.62 + VAT monthly rental
£1641.72 + VAT initial rental
Business contract hire Ford Mondeo, Estate
Business contract hire
Contract term: 48 months
Rental profile: 6 + 47
Annual mileage: 10000
2 litre Diesel Manual
+ compare
Skoda Octavia Diesel Hatchback
1.6 TDI CR S 5dr
£196.14 + VAT monthly rental
£588.42 + VAT initial rental
Business contract hire Skoda Octavia, Hatchback
Business contract hire
Contract term: 48 months
Rental profile: 3 + 47
Annual mileage: 10000
1.6 litre Diesel Manual
+ compare
Audi A8 Saloon
6.3 Quattro LWB 4dr Tip Auto
£1551.47 + VAT monthly rental
£4654.41 + VAT initial rental
Business contract hire Audi A8, Saloon
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
6.3 litre Petrol Automatic
+ compare
Volvo XC60 Diesel Estate
2.0 D4 Momentum 5dr AWD Geartronic
£344.44 + VAT monthly rental
£1033.32 + VAT initial rental
Business contract hire Volvo XC60, Estate
Business contract hire
Contract term: 48 months
Rental profile: 3 + 47
Annual mileage: 10000
2 litre Diesel Automatic
+ compare
Volvo V90 Estate
T6 Cross Country Pro 5dr AWD Geartronic
£515.06 + VAT monthly rental
£1545.18 + VAT initial rental
Business contract hire Volvo V90, Estate
Business contract hire
Contract term: 48 months
Rental profile: 3 + 47
Annual mileage: 10000
2 litre Petrol Automatic
+ compare
Mazda Mazda3 Diesel Hatchback
2.2d SE-L Nav 5dr
£269.00 + VAT monthly rental
£807.00 + VAT initial rental
Business contract hire Mazda 3, Hatchback
Business contract hire
Contract term: 24 months
Rental profile: 3 + 23
Annual mileage: 10000
2.2 litre Diesel Manual
+ compare
Ford Ecosport Hatchback
1.0 EcoBoost 125 Zetec 5dr
£221.36 + VAT monthly rental
£664.08 + VAT initial rental
Business contract hire Ford Ecosport, Hatchback
Business contract hire
Contract term: 36 months
Rental profile: 3 + 35
Annual mileage: 10000
1 litre Petrol Manual
+ compare
Renault KADJAR Diesel Hatchback
1.5 dCi Expression+ 5dr EDC
£303.24 + VAT monthly rental
£909.72 + VAT initial rental
Business contract hire Renault Kadjar, Hatchback
This vehicle is in stock
Business contract hire
Contract term: 48 months
Rental profile: 3 + 47
Annual mileage: 10000
1.5 litre Diesel Automatic
+ compare
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