Contract Hire is ideally suited for companies who change their fleet at regular intervals. It can be an excellent alternative to fleet ownership as the company hires the vehicle for a fixed contract period, often three years and then hand it back to the leasing company after the period of hire is over.
This change of approach from ownership streamlines the running of the fleet as the unforeseen running costs, resale value risks and vehicle disposal problems remain with the leasing company.
Contract Hire is excellent for companies who have a need to create vehicle budgets as by nature the cost of motoring is fixed...
It delivers 'off balance sheet' accounting and reclaimable VAT which can help increase cash flow to assist in the smooth running of your organisation. As a form of funding contract hire is usually tax efficient, depending on an individual company’s circumstances so there are plenty of potential benefits.
The deposit that you would normally have to put down is paid as an initial rental as you are hiring the vehicle. This initial payment tends to be lower than a purchase agreement, usually three rentals up front, so this can be an advantage.
We always welcome your enquiry’s so please feel free to Call us on: 0870 889 0181 and we can discuss your individual circumstances and help you make the decision that's right for you.
We have been dealing with yourself and Fleet Street for the past 10 years. Over that period of time you have always tried you hardest to satisfy all our requirements.
The service and the prices you supply are always the best in the market place. Can I personally thank you and your Company for your support."
