We go the extra mile

Contract Hire

This offers you new vehicles without the capital outlay and residual risk. The vehicle is rented for a period of time and mileage at a fixed rental, eg 36 months/60,000 miles, and returned to the hire company at the contract end. A maintenance package can be included. Road tax for the term is included.

• Makes easy budgeting as barring fuel and insurance you know what your monthly motoring costs will be
• Normally low initial payment
• Additional line of finance to bank
• No disposal worries and therefore no hassle
• Rentals are allowable against corporation tax (cars - 100% up to Co2 of 160g/km, 85% over 160g/km; 100% on commercial vehicles)
• VAT recoverable (limited if private use)
• Off balance sheet accounting

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