Contract Hire

Simply Vans offers B2B (Business to Business) Agreements

Business contract hire - is popular with various types of fleets and Simply vans can offer with and without maintenance.

Under this kind of agreement, the vehicle is hired for a set period of time and pre-determined mileage, at fixed monthly rentals,  Business contract hire agreements allow a company to take on Commercial Vehicles usually between 12 months and five years and pays via fixed monthly instalments. Depending on what your business needs from its fleet, business contract hire could be an ideal method of financing vehicles at a fixed monthly cost.

Benefits:

• Low deposit typically equivalent to 3 or 6 monthly rentals.
• Choice of contract period from 12 to 60 months.
• Hassle free - option to add servicing and maintenance, removing the hassle of running a vehicle.
• Fixed cost motoring.
• Aids cash flow in your business.
• Secondary form of funding i.e. Outside own banking facility.
• No future value concerns as simply hand back.
• Tax benefits - Reclaim up to 100% of the VAT on all maintenance charges.
• Rentals are up to 100% allowable against corporation tax.
• Road Fund Licence is provided for the full term of the contract.
• The vehicle appears off 'Balance Sheet' as it is owned by the leasing company
• Maintenance can be included (at extra cost) for complete fixed costs.
• Fixed cost maintenance with large fleet discount terms.
• Nationwide AA Cover provided with all contracts