what is it?
Contract Hire is our most popular type of leasing arrangement for Corporate Fleet and Business Users. Quite simply, you take on a car or van for a fixed period of time, and at the end of the fixed term, you simply hand the vehicle back to the leasing company. There is no burden of having to purchase and dispose of the vehicle, no residual value risk, and additional features such as fixed cost vehicle maintenance can be included. |
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how does it work?
The process for leasing a vehicle on Contract Hire is simple. First decide on the make/model of vehicle(s) required. The decide on the term of agreement (usually 2 to 5 years), and estimate the mileage you expect the vehicle to travel over the duration of contract. Build in optional vehicle maintenance and we'll then provide a fixed monthly Contract Hire rental which will remain unaffected by changes to residual values or interest rates.
The leasing company retains ownership of the vehicle, and at the end of the primary term, you simply hand the vehicle back. |
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why Concept Vehicle Leasing? - Established, Experienced Leasing Provider with a reputation for impartial advice and Service Excellence
- All Makes & Models (Cars and Commercials)
- Direct funding from major Banks and Leasing Companies, assuring you of the Best rates
- Dedicated Account Management
- UK Nationwide Service Provision
- BVRLA Accredited Member
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key features
- Cashflow Friendly - Low initial outlay (Normally just 3 Months in Advance)
- Fixed Cost - Budget Accurately with fixed regular payments
- Flexible - With Contract Terms from 2 to 5 years and contract mileage allowance of up to 180,000 miles
- Low Risk - No depreciation risk or hassle on disposal
- Tax Efficient - 100% Tax Relief on a wide range of Contract Hire Vehicles
- VAT Efficient - 100% VAT may be recovered on Commercial Vehicle Leasing and Fixed Cost Maintenance (50% VAT recoverable on car leasing finance payments)
- Hassle Free - Road Tax usually included for the Full Term, and Fixed Cost Vehicle Maintenance an option
- FREE Essential Accident Assist
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