Contract Hire

Contract hire is becoming the preferred means for acquiring vehicles. With contract hire a fixed payment determines the monthly rental repayment for the life of the agreement. All depreciation is calculated within that agreed payment, allowing the customer to manage their company budgets and cash flow. When taken out with a service contract, agreements typically cover vehicle excise duty, servicing and repairs, tyres and replacement vehicles where requested..

All calculations are worked out on the basis of term, mileage and cost of maintenance. There are many variations which can be arranged for your own companies needs. Contract Hire agreements are `Off Balance Sheet` and so do not effect company gearing.

VAT is currently reclaimable in full on commercial vehicles if your company is VAT registered. Any make or model can be supplied in any colour or specification. We are also able to customize with sign writing or graphics accordingly. With contract hire you will always have a modern and presentable fleet of vehicles within your company.

At the end of the agreed term, your vehicle is simply handed back without any worries of disposal and vehicle depreciation.