Our Contract Hire package is all about convenience. If you want to avoid servicing, maintenance and depreciation costs then consider hiring a vehicle rather than owning it.
You make fixed monthly rentals for the duration of the rental contract and return the vehicle in a good state of repair at the end of the agreement.
Enquire nowContract Hire Quotes
Contract hire quotes are often quoted as 3+35 or 6+47. This describes how your quote is constructed between the up-front payment and the monthly payments.
For example – “£200 per month, 3+35” means one up-front payment equivalent to 3 monthly payments (£600) followed by 35 fixed payments of £200 each. A total contract of 3 years.
Don’t forget to factor in VAT on top if you are not VAT registered.
Initial Rental (deposit / up-front payment): This first rental is flexible and you can choose to pay as little as 3 times the monthly rental and up to 12 times the monthly rental.
Monthly rentals: This is a fixed amount based on your chosen annual mileage, length of contract (2 to 5 years) and initial rental payment.
Other Details
Mileage and use restrictions apply. Finance subject to company status and credit checks.
To assist your application, van finance companies will look for a number of the following criteria:
DISCLAIMER
All payments advertised are subject to VAT. Deposit can mean initial payment or initial rental depending on the contract type. Customers are subject to credit searching by the finance company on application.
Representative Finance Example |
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Initial rental of £3,841 +VAT followed by 48 monthly rentals of £320 +VAT. Based on 8,000* miles per annum. |
Business users only. *Excess mileage charge of 7p per mile. If you exceed this annual mileage then excess mileage charges will be applied by the finance provider at the end of the agreement should you choose to return the vehicle. |
Advance rental of £2,514.41 +VAT followed by 59 monthly rentals of £209.53 +VAT with a balloon payment of £6,335.29 + VAT. Based on 5,000 miles per annum. |