Contract Hire
Contract Hire may be ideal for the self-employed individual and companies of all types. You pay an initial deposit followed by monthly installments. At the end of the hire period the car is handed back to the finance company, which always owns the car.
Some of the advantages of Contract Hire are:
- Low Deposit
- Low Monthly Payments
- Fixed Costs
- Maintenance can be included in monthly payments.
There are also some attractive tax breaks available with Contract hire: companies which lease cars are able to able to reclaim part of the VAT and up to 100% of the monthly rental can be offset against profit. |