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By far the most popular product for business users, offering fixed and inflation proof vehicle costs and reducing administration to a minimum, especially when the maintenance option is included.
With this VAT beneficial financing package, one regular rental payment covers all risks including costs of depreciation and disposal for an agreed period of time and mileage.
Always included in the Contract is the annual Road Fund Licence, but you can also include AA membership, as well as maintenance and tyre costs to make the contract a total solution for your requirements.
JARGON ALERT !
Also Contract Hire is "off balance sheet" funding, which will mean something to a finance director, but very little to the rest of us!
(It actually allows you to borrow more money without it affecting your balance sheet)
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