Contract hire is an operating lease product with a maintenance schedule attached the solution for companies who want to concentrate on their core business activities, while avoiding the financial risk and administrative burden of owning their vehicle fleet.
Key features and benefits of Contract hire:
- Fixed rentals for the whole package, making budget planning with contract hire easier
- Flexible contract hire terms to meet your requirements with variable duration and mileage terms
- Maintenance of contract hire vehicles can be included in monthly rentals, and so spread the cost
- Contract hire removes depreciating assets from the balance sheet and the associated risks of owning vehicles
- Contract hire offers flexible invoice arrangements help to considerably reduce administration