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UK Finance
Hire Purchase truck illustration

Contract Hire

With fixed monthly payments, contract hire offers you a peace of mind financing route. You get all the benefits of an operating lease, plus a repair and maintenance contract.

Key features

Low initial outlay听 听 听 听 听 听 听 听听Fixed repayments听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听Lower than usual monthly payments听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听
Rentals are allowable against taxable profitsVAT on rentals is claimableNo risk or administration at the end of the agreement providing the vehicles meet return and mileage conditions听 听 听 听 听 听 听 听 听
Off balance sheet fundingRepair and Maintenance contracts included offering fixed cost finance and vehicle maintenanceReduced fleet administration听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听 听

CONTRACT HIRE explained