Contract Hire (CH) ……
Fixed cost leasing for Companies of all Shapes & Sizes
Contract Hire is our most popular type of agreement for business users. It is ideal for companies who do not want the financial risk of running their own car and van fleets, and who are looking to reduce the burden of buying and disposing of their vehicles.
Regular payments are fixed at the start of the lease term, and remain unaffected by changes in the used car market or interest rates. The leasing company retains ownership of the vehicle (and all associated risks) and at the end of the agreement the vehicle is returned. The regular payments are determined from the original cost of the vehicle, period of use, forecast contract mileage and anticipated residual value.
Road Tax is normally included for the duration of the agreement. Fixed cost maintenance, breakdown recovery and a host of other services are also available through Concept Serviceplan.
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Key Benefits |
- Fixed cost for the duration of contract
- Off Balance Sheet funding as vehicle is registered to leasing company
- Flexible terms and mileage to suit your business
- Low Initial Outlay
- VAT registered companies can reclaim a proportion of VAT
- No hassle of vehicle disposal
- Instant On-Line Quotations
- Full maintenance & fleet management available through Concept Serviceplan
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- Accurate budgeting unaffected by interest rate changes
- No depreciating asset on your Balance Sheet, improving net worth of your business
- Contracts range from 2-5 years/6,000 to 50,000 miles per annum
- Initial rentals ranging from 1 to 12 months available (typically 3)
- Risk free method of operating business vehicles
- Vehicles are collected on expiry of contract, with no risk on depreciation
- www.conceptvehicleleasing.co.uk
- Complete Peace of Mind
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Available on all Cars and Commercial Vehicles.
Document downloads:
Concept Vehicle Leasing - Brochure (919KB)