Contract Hire is a great risk free way for any business to run their vehicle, available to Limited Companies, Sole Traders or Partnerships, and offers fixed monthly budgeting with minimal outlay.
With Contract Hire you only pay for use of the vehicle not the whole cost, essentially what you are paying for is the depreciation and interest. Contracts are usually for between 2 to 4 years. Generally the longer the period the lower the monthly payment, however occasionally there are exceptions.
Payments are based on the length of contract and total mileage, and are fixed for the contract period.
Optional maintenance packages can be included in the agreement allowing you to manage your fleet costs effectively.
As you never own the vehicle, at the end of the contract you return the vehicle to the leasing company who sell it on your behalf. This means you never take the risk on the final value or have the worry of selling it.
It is an extremely tax effective method of funding a business vehicle as the rentals may be offset against your taxable profits.
Contract hire is very popular with VAT registered companies because they are able to claim back 50% of the VAT on the finance element on cars and 100% on vans. If maintenance is included then 100% VAT can be claimed on the maintenance cost.
OUR PROMISE TO YOU
Our promise to you is to offer the best deals available in a professional manner... but with a personal touch!
Give Company Vehicle Solutions
5 minutes of your time and save yourself money and hours of leg work looking for the best vehicle lease or contract hire deal.
PRICE MATCH CHALLENGE
Think you've found a deal cheaper elsewhere? Let us know and we will do our very best to match it, or even beat it!
The Price match must be on a like for like basis including the vehicle specification, initial payment, contract term, annual mileage and administration fee. Price matches will only be considered if a formal quotation has been presented. There is no guarantee that the price will be matched, but we will do our very best ... and might even beat it!
A firm focus on customer satisfaction ensures our customers come back to us time & time again referring family, friends and business associates.
Call today to see just how affordable a great drive can be ...
Company Vehicle Solutions are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No. 731599.
We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at www.financial-ombudsman.org.uk
Registered in England & Wales with Company Number : 04490088 VAT Number : 734 6856 04 Data Protection Number : Z7257888 BVRLA Member Number : 2226
Registered Office : Highfield, Garth Farm, Llangwstenin, Llandudno Junction, Conwy, LL31 9JF
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