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Contract Hire

Contract hire finance in the Scottish Borders

Fixed costs for your vehicle need, for both business and personal buyers.

Car, van or truck contract hire. Fix your costs and avoid the hassles of owning your own vehicles.

Contract hire benefits

  • Fixed monthly payments - easier budgeting comes as standard
  • Flexible agreement terms - variable terms and mileage available
  • Service contract option - include servicing and maintenance in your rentals to fix and help spread the cost
  • No more depreciation risks - at the end of the agreement, you simply hand back the vehicle. **
  • Tax advantages - VAT is payable on the rentals, not the purchase price, while payments can normally be offset against taxable profit (Different rules apply to cars and commercials)
  • Off-balance sheet - check with your auditor about this business advantage

For a fixed monthly rental, everything except fuel and insurance can be included - including servicing, tyres, even the tax disc. At the end of the agreement, you simply hand back the vehicle.

What can I finance with contract hire?

  • Cars and vans
  • Trucks
  • Materials Handling

** subject to return conditions and excess mileage

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