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Commercial Vehicle Leasing/Contract Hire

Commercial Vehicle Leasing/Contract Hire is a convenient, cost effective and hassle free way of financing a new vehicle for your business.

Benefits of Commercial Vehicle Leasing:

  • Fixed Monthly Payments
  • Service and Maintenance costs can be included in the package
  • Flexible terms and mileage allowance to suit your motoring needs
  • A brand new vehicle every 2, 3 or 4 years, therefore avoiding depreciation and costs of running an old vehicle
  • Low initial capital outlay compared to purchasing a new vehicle
  • Avoid the hassle of disposing of your old vehicle at the end of the term as the vehicle is returned to the finance company
  • A VAT registered business can can claim back 50% of the VAT payable on the rental (100% claimable if the vehicle is used for 100% commercial use)
  • All the VAT can be claimed on the maintenance and servicing element
  • Vehicles on Contract Hire do not appear on the Company Balance Sheet
  • Improve the cash flow of the business because of the low initial capital outlay
  • Fleet Management Services can be incorporated into the contract, assisting in reducing administrative costs for the Fleet Manager.
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