Would you like to use a truck for a set period with no unexpected costs?
Then Contract Hire may be the option for you!
No Hidden Extras:
- Fixed costs for finance and full service for the term of the contract thus making budgeting more effective.
- Easy availability of contract data during the term and ongoing servicing.
- The truck is returned at the end of the contract for hassle free disposal.
Improves Your Cashflow and Financial Ratios:
- Allows you to acquire trucks without having to call on your cash reserves. You are able to use your cash flow to invest in your core business.
- You can claim tax relief on the whole rental amount through your profit and loss account.
VAT is payable on monthly/ quarterly rentals and not upfront in one lump sum.
Tailor-made Solution:
- Tailor-made from start to finish: truck, finance and service as you select it.
Other Features:
- Benefit of a simple hire agreement.
- Reduction of down times: integrated Full Service and overnight spare parts supply.
- Agreed term and hours worked from the onset.
- You will only be responsible for insuring the truck and its fuel costs (terms apply).
- Ability to keep up with latest technology.
Contract Hire - With out Maintenance
Would you like to benefit from the advantages of financing a truck only – without any Full Service?
Then Contract Hire with out maintenance may be the option for you!
Improves your Cash Flow
- Low initial outlay frees up capital for your business.
- VAT is paid on the monthly rentals and not the purchase cost more effective budgeting.
- Rates, and therefore rentals, are fixed from the onset for more effective budgeting.
Tax Benefit
- 100% of your rentals are allowable against tax.
Other Features
- Trucks have to be accounted for on your balance sheet.
- Ownership of the truck never passes to you.
- You have full control over the truck, as you will be responsible for maintenance, repair, service and insurance.