Business contract hire and leasing is a long-term vehicle leasing solution which is suitable for limited companies, partnerships, and sole traders. It is a very popular option for many businesses, especially if they are VAT registered, as they can claim 50% of the VAT back for the supply of the vehicle.
Taking advantage of one of our business contract hire deals means you are free to concentrate on the core activities of your business without the administrative burden or financial risk associated with owning your own fleet.
When your business leases a car on a contract hire basis, you pay to rent the vehicle in monthly installments. Once the contract period ends, you return the vehicle to the leasing provider, meaning they are the ones who have to worry about depreciation and disposal.
As we mentioned above, at the end of the contract term you should return the vehicle to the leasing provider, which will leave you free to enter into another lease without any financial obligations. If you have exceeded your mileage installments then you should expect to pay an excess mileage charge. Your vehicle will also be assessed according to the BVRLA Fair Wear and Tear guidelines and any damage that falls outside of these guidelines may make you subject to penalty charges.
If your business is looking for business car hire UK deals then take a look at our deals online, or call our team of specialists on 01625 704396 to discuss the options available to you.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01625 704396
F: 0845 450 7369
Amber Vehicle Solutions
9A London Road
Amber Vehicle Solutions are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 660869
Registered in England & Wales with company number : 5667010 | Data Protection No : Z9371665 | VAT No : 876358083
Registered Office : Sterling House, 501 Middleton Road, Chadderton, Oldham, OL9 9LY
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