When people think of Business Contract Hire, Commercial vehicles usually spring to mind. Whilst business contract hire is very popular for vans and other commercial vehicles it is also popular for passenger vehicles in the form of company cars.
Some benefits of Business Contract Hire are:
• VAT savings ( If your company is VAT registered)
• Fixed monthly payments means budgeting is a lot simpler
• Driving a new vehicle reduces the risk of breakdown, Meaning your vehicles utilisation is greatly increased.
• No vehicle depreciation
• Increase company cash flow. Why purchase expensive vehicles when you can lease
and put that extra money towards the running of your business.
• Employee satisfaction. See higher than ever employee satisfaction rates with a fresh
fleet of vehicles.