If your company is VAT registered, then you will be able to claim up to 100% of the VAT back on any maintenance rental.
One monthly cost that includes vehicle rental and maintenance. Vehicles under Contract Hire are not recorded as assets on the balance sheet, thus improving company gearing ratios.
Our maintenance department will process Road Tax and MOT renewals, traffic offences, safety recalls, foreign travel requests and maintenanace invoices.
There is no market value risk arising from the vehicle because it does not need to be sold in the open market at any point.
With Agnew Leasing's purchasing power and funding solutions, we can pass on very competitive monthly costs to you.
Contract Hire is a form of vehicle leasing which is used by a business, over a set time-frame normally 2 to 4 years, with a fixed monthly rental. Our preffered method of funding, Contract Hire is highly cost effective when operating a fleet of vehicles. It provides customers with a single monthly outlay, which can include full maintenance/service costs, replacement tyres, road fund licence and, during major repairs, an alternative vehicle will be made available.
Under Contract Hire, vehicles continue to be owned by Agnew Leasing. This method of finance can be useful for companies wanting to free up credit lines or improve cash flow by implementing fixed cost fleet operation.
The monthly rental charge is calculated based upon the cost of the vehicle, the contract period and the anticipated resale value. At the end of the contract period, we will arrange to dispose of the vehicle, removing any risk associated with resale and depreciation.
For more information on Business Contract Hire:
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