Contract Hire -
the most widely used form of company car leasing. Low deposit, all
inclusive fixed monthly budgeting, tax efficient and the avoidance
of vehicle disposal - all add to its appeal.
Smaller cars are exceptional value - cars with expensive price tags
look very affordable! Commercial vehicles benefit from huge discounts.
Company contract hire
A long term rental agreement with the opportunity to include all the
motoring costs within one fixed monthly amount (with the exception
of insurance and fuel). Vehicles are generally returned at the end
of the contract, although individuals can bid to own the vehicle outright.
Contract Duration 2, 3 & 4 years
(occasionally 12 and 18 months) |
|
 Low
deposits.
Corporate
rate discount.
Wide
choice of vehicles. Competitive rates favour
vehicles with strongest
residual values.
Option
of "all inclusive" monthly rates -
vehicle servicing,
tyres, batteries, exhausts
and motoring organisation
membership.
Excludes
any concerns over depreciation
and vehicle disposal.
Tax
efficient - between 50% and 100% of
the monthly vat
amount is reclaimable.
May
want to consider GAP
insurance. |
