Contract Hire packages are structured as follows:
Initial Rental (Deposit/Up-front payment) – The first rental is flexible; you can choose to pay as little as 3 times 0r as much as 12 times the monthly rental.
Monthly Rentals – A fixed rental payment calculated using your specified annual mileage, the length of your contract and your initial rental payment.
Other Details – Mileage and use restrictions apply. Finance approval is subject to company status and a credit check.
- Choose to repay over 2 to 5 years
- RFL (Road Fund Licence) included for full term
- Fixed monthly costs
- Serviced and maintained options available
- No financial risk on residual value
- Return vehicle at end of term
- The vehicle appears off your balance sheet as it is owned by the leasing company
- VAT on your finance rental payment can be recovered
- Current UK resident
- 3 years UK address history
- One completed credit item in past 3 years
- Proof of income
- No current CCJ’s or mortgage arrears
- Full UK driving licence
- Proof of positive trading
- Director can sign as guarantor
All advertised prices are subject to VAT. Deposit can mean initial payment or initial rental depending on the contract type.
A credit search is required on application.