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Contract Hire and Leasing Guide

Individual FS: Why Choose Contract Hire and Leasing?

Contract Hire and Leasing is one of the most popular funding methods used in the fleet industry. This is now becoming very popular with smaller businesses and private individuals. The main reason being that it provides fixed payments over a fixed period of time providing a low risk to the customer, peace of mind and simplicity. There are also various tax and accounting advantages to be gained by using Contract Hire as a funding method.

Most Contract Hire suppliers can also provide additional services, enabling you, the customer to tailor your agreement to include extra items such as breakdown cover, accident management, driver support & Gap Insurance.

One very important attraction to Contract Hire is that it provides low risk to the customer. The predicted depreciation (rather than actual) is included as part of the monthly rentals, this means that the rates are unaffected by external sources such as fluctuations in the used car market.

Customers can also choose to include a maintenance package or opt to pay for services and repair work themselves. However, by including maintenance into the agreement, this will eliminate the risk and cost of unexpected repair bills.

The above is just a brief introduction to Contract Hire, which is available for both cars and commercial vehicles, so please do not hesitate to contact us to find out more about the benefits and current contract hire offers that are available for you.

An Account Manger at Individual Fleet Solutions will be delighted to assist you and discuss with you your Individual needs and requirements in order to provide you with your tailor made Contract Hire Package.

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