A simple and cost effective way to fund your minibus
Simply choose the minibus you want, and we purchase and manage it; you then pay a fixed monthly rental. This method of funding is popular with all types of fleets as it allows the vehicle to remain a business expense but never appear on the balance sheet.
It also offers you the benefit of lower monthly payments due to the VAT advantages of leasing.
Fixed monthly hire payments allow you to manage your fleet costs effectively, plus you can add ancillary services such as vehicle maintenance, Fleet Administration, or Duty Care if you need them.
What is Contract Hire?
Contract Hire is a fixed monthly payment for your minibus with the option to include maintenance. The contract can be fixed to suit your needs and is typically between two and five years. As a rule of thumb, the longer the period , the lower the rental
As you never own the vehicle, at the end of the contract we will sell the vehicle on your behalf. This means you never take the risk on the final value or have the worry of selling it. All you need to decide is the length of the contract and the expected mileage, and we will look after the rest.
Contract Hire includes:
- Total vehicle management package including funding and optional maintenance
- VAT can be claimed on funding the vehicle depending on usage.
- Tailored payment plans according to your needs
- Quotation can be based on net rental, effective rental and Whole Life Cost
How it works
We can help you decide what type minibus will suit your fleet requirements as well as the best term and mileage to suit your needs. We can invoice either electronically or paper-based, helping to reduce administration and improve cash flow.
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