Contract Hire

Vauxhall_Insignia

Stamford Van and Car Hire's Contract Hire is available for business users only in Scotland and Northwest England. Available at all branches: Glasgow, Aberdeen, Ayr, Inverness, Edinburgh, Perth, Manchester.

If your options when buying a vehicle are; to pay cash, arrange a bank loan, or through a traditional Hire Purchase scheme, you may find Contract Hire from Stamford Van and Car Hire, the cost-effective alternative.

Stamford Van and Car Hire's Contract Hire gives you the benefits of running a new vehicle, for an inclusive monthly rental, and enables you to release valuable capital from your current vehicle or indeed the money put aside for your next potential purchase.

With Contract Hire you can afford an even better vehicle than you may have initially budgeted for.

How Car Leasing/ Van Leasing Works?

  • A monthly rental charge is calculated based on differing factors, which include: the cost of the vehicle, the contract period, anticipated resale value, predicted mileage, service and maintenance costs; together with any additional services, such as, relief vehicles. You benefit from one monthly fixed payment, which allows you to forecast your outgoings more accurately.
  • Under a Contract Hire agreement, Stamford Van and Car Hire retains ownership of the vehicle, and therefore continues to absorb the subsequent risks such as unforeseen running costs and uncertain resale values.
  • Contract Hires relieves you, of the financial burden, of purchase and on-going maintenance of the vehicle; leaving your capital in your account.
  • Stamford Van and Car Hire offers a package that includes routine servicing and maintenance costs, and can carry out all scheduled maintenance work in-house. Maintenance packages include replacement tyres (excluding punctures), batteries, exhausts and all parts that are subject to fair wear and tear.
  • Annual Road Fund Licence is also included in the monthly rental for the duration of the contract.

Key Benefits of Contract Hire with Stamford Van and Car Hire

  • Low initial outlay
  • Flexible terms
  • Road Fund Licence included in the monthly rental
  • Choice of rental period
  • No depreciation risks
  • Rentals allowable against tax
  • The ability to forward plan
  • The lowest fixed monthly rentals
  • A simple 'hand back' process at contract maturity
  • Removes time consuming disposal issues
  • Makes more capital available to you
  • Allows VAT reclaimable on the rentals
  • Contract Hire offers complete peace of mind

Almost 50% of fleet vehicles, registered in the UK, are now financed on a contract hire basis and with more and more companies now aware of the benefits, contract hire has become a major growth area within the industry.

Whether you are looking to run 1, 5, 50 or 500 vehicles, Stamford Van and Car Hire will be pleased to discuss your business motoring requirements.

For enquiries or more information about Contract Hire phone 0161 969 1015 or Click here to contact a member of the Hire Drive team

 

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