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Business Contract Hire Explained

Customer Benefits

  • Minimal deposit – typically three monthly rentals but as low as one payment.
  • Arrange fixed repayments to assist with your cash-flow and budgeting.
  • Your rentals are 100% taxable against profits.
  • Additional line of credit for your business.
  • No part exchange or disposal issues – the vehicle is returned at the end of the agreement.
  • Road Fund Licence is included for the term of the agreement.
  • Optional maintenance and servicing packages (at additional cost).
  • Fixed maintenance package to include services, repairs, tyres, dependant on contract type
  • At the end of the contract, simply hand the vehicle back
  • The vehicle is subject to an inspection, where any reconditioning costs are charged to the customer - ideal for VAT registered larger fleets

Service, Maintenance and Repair

A maintenance plan that can be included with your Contract Hire agreement for a fixed monthly fee*.

This fee covers your vehicle for:

  • Routine servicing, maintenance and repairs.
  • Tyre repair and replacement.~
  • Exhausts.
  • Batteries.
  • MOTs (where applicable).

VAT registered businesses may be able to recover the VAT charged on service, maintenance and repair.

* Subject to fair wear and tear
~ Upgrades and winter tyres excluded

About Leasewell

About Leasewell

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Leasewell (UK) Ltd can introduce you to a number of finance providers, we may receive a remuneration if you enter into an agreement with them. Leasewell (UK) Ltd is a credit broker and not a lender.
BVRLA Registration Number: 1958 | Financial Conduct Authority Licence Number: 680005
Leasewell (UK) Ltd Registered in England and Wales: 8242380 | ICO Registration Number: Z3604028 | VAT Registration Number: 144510638
Registered Office: Unit 15 Brynmenyn Business Centre, St Theodores Way, Brynmenyn Industrial Estate, Bridgend, CF32 9TZ