Business Contract Hire is commonly referred to as vehicle lease and allows businesses a fixed payment method for the use of a vehicle for a term of normally between 12-48 months. The payments attract VAT of which for cars 50% and for commercial vehicles 100% of the finance element is reclaimable, 100% of the VAT for any maintenance payment is reclaimable.
The rental payments are also classed as a true business expense so can be wholly offset against corporation tax.
The benefits are fixed monthly payments with no disposal risk but reasonable care has to be taken of the vehicle and also there is an obligation to remain under the stated mileage at the contract inception or the finance company will levy a charge for loss of value. Contact your local Cawdor dealership and speak with a Commercial Sales Executive to find out more.
Vauxhall Vivaro L1H1 Sportive
120 PS BiTurbo van
£233.65 + VAT monthly rental
£1,401 + VAT initial rental
Vauxhall Vivaro L2H2 Sportive
120 PS BiTurbo van
£279.74 + VAT monthly rental
£1,678 + VAT initial rental
Vauxhall Movano L3H1 Tiper
2.3 CDTi 125 PS RWD 3500
£376.79 + VAT monthly rental
£2,260 + VAT initial rental
Vauxhall Vivaro L2H1
120 PS BiTurbo van
£235.14 + VAT monthly rental
£1,518 + VAT initial rental
Mitsubishi L200 5 Series 4Life
Double Cab 4WD DI-D Manual Diesel
£265 + VAT monthly rental
£795 + VAT initial rental
Mitsubishi Outlander PHEV
Automatic petrol GX3h
£290 + VAT monthly rental
£1,740 + VAT initial rental
Isuzu D-Max Yukon
Double Cab Pick-up
£199 + VAT monthly rental
£1,790.64 + VAT initial rental
Isuzu D-Max Blade
Double Cab Pick-up
£374.99 + VAT monthly rental
£3,374.91 + VAT initial rental
Contract Hire is the perfect product for you if you want fixed cost motoring and are confident about the mileage and condition of your vehicle over a set period of time. It is an easy and cost effective way to fund vehicles, which would enable you to control one of your biggest expenses. Contract Hire is the most popular type of vehicle leasing. Under this kind of agreement, the vehicle is hired for a set period of time and pre-determined mileage, at fixed monthly rentals. You never own the vehicle, so at the end of the contract the finance company will collect it and dispose of it. It is possible to include a maintenance package in the monthly rentals. Monthly rentals will depend on the value of the vehicle, length of the contract, and the agreed mileage.
Contact your local Cawdor dealership and speak with a Commercial Sales Executive to find out more.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer. All offers are subject to change at any time, you must be 18 or over and finance is subject to status, vehicle availability and terms and conditions apply. We can introduce you to a limited number of finance companies, a commission may be received. Failure to maintain payments may result in termination of your agreement and the vehicle being returned, this could affect your credit rating and make it more difficult to obtain credit in the future. All prices correct at time of publication. VAT at 20% may be payable. You should try and estimate the distance you will travel as accurately as possible to try and avoid excess mileage charges at the end of your contract. Other terms, conditions and exclusions apply. Cawdor reserves the right to change or withdraw these offers without prior notice.