Product Description

Vehicles are hired for a fixed cost over an agreed time period. This comprehensive fixed cost vehicle funding facility has the additional advantage of being "off balance sheet" – which therefore improves gearing and other performance-related ratios. In essence, Vehicle Contract Hire is an ideal option if actual company ownership of vehicles has been ruled out. Vehicle Contract Hire offers:-

  • Clear financial and cash flow advantages, with no deposits
  • Minimal maintenance problems or costs
  • Regulated and controlled monthly outflows
  • No vehicle disposal or depreciation problems
  • Enhanced budgeting and less administrative time.

Product Benefits

  • No large deposits – large initial deposits are not required, allowing capital to be better utilised
  • Fixed rentals – the monthly rental (which can include a comprehensive maintenance package) is fixed for the duration of the agreement, offering inflation-proof motoring
  • Less risk – at the agreement’s end, the vehicle is disposed of at no cost risk to yourself
  • Vehicle retention – should you choose to retain the vehicle then contracts can be extended formally
  • Less expensive rentals – economies of scale across all fleet products, including vehicle acquisition, are reflected in the monthly rental, giving immediate savings
  • Maintenance package – a maintenance inclusive package covers all routine servicing and mechanical breakdown across the whole of the contract; the package can be enhanced by additional services to cover requirements as homestart, onward travel, replacement vehicles, and "gap" insurance
  • Removal of risk – the maintenance package effectively removes potential risk, in terms of excessive costs and cash, from your company
  • Driver support – all drivers receive a comprehensive Driver Guide specific to the type of contract chosen
  • Range of support – the Driver Guide includes a directory for tyres, batteries and exhausts, along with a free-phone number to our Fleet Control Department; this is fully computerised and manned by trained personnel.


Use our vehicle finance form and we’ll get the right deal for you.

Our Vehicle Finance solutions fall into six main categories: Hire PurchaseLease PurchaseFinance LeaseContract HireContract PurchaseSale & Lease-back