Contract Hire has become increasingly more popular as a route to vehicle acquisition. It focuses on the use of a vehicle rather than ownership, which for some businesses may prove to be a more manageable and efficient solution to their commercial vehicle needs.
Some of the key advantages specific to Leasys Contract hire packages are detailed below:
- Flexible repayment profiles with as little as 1x monthly payment up front keeps cashflow within your business, alternatively you can make advance payments tailored to help bring the monthly cost down if you choose
- 12mths up to 5 year Contract periods
- Rentals are fixed for the term and mileage agreed, can include servicing and maintenance costs to eliminate unexpected bills
- No risk of depreciation
- No vehicle disposal responsibility, simply hand the vehicle back at the end of the term*
- Up to £750 return condition waiver helps eliminate potential costs
- Only a maximum of 40% recharge of rentals should you wish to terminate early (Industry average is 90%+)
- Rentals can be offset against tax paid on profits, doesn’t impact on capital allowances
*subject to return conditions
Should you wish to speak to one of our specialists about how this can positively impact your particular circumstances, then please register your interest via the chat bot below or alternatively complete our contact form.