Car Leasing Companies and Contract Hire Companies in the UK

Business / Company Car Contract Hire

Contract Hire is a popular choice amongst companies seeking to remove assets from their balance sheet, eliminate the financial risk associated with disposing of their vehicles and benefit from the convenience of a optional full maintenance service at a fixed monthly cost. Contract Hire also allows companies to reclaim 100% of the VAT on the servicing element of the rental cost, and 50% of the VAT on the finance rental cost.

Under Contract Hire, the customer is never entitled to purchase the vehicle it must be sold to an unconnected third party at the end of the contract.

There is a wide choice of financial arrangements available to companies when sourcing a vehicle, but the continued growth in the Contract Hire market suggests that this funding method will remain the preferred choice for most companies in the future.

If you are considering changing your vehicle, there are many other funding options offered by your supplier. Your next step is to contact one of our advertisers to let them know how you might like to proceed. Alternatively, click on any advert and hyperlink to your chosen supplier click "QUOTE ME" for a quotation or telephone for further information.

Also see Business Car & Van Leasing