Contract Hire is a cash efficient way of funding a vehicle. It is ideal if you wish to commit to a vehicle for a fixed period of between one year and usually up to a maximum of five but do not want to own the vehicle.
Road fund licence is included and a maintenance package can also be added if required which covers all servicing and maintenance. This includes wear and tear on tyres, exhausts and batteries as well as wear and tear on all the other compoents of the vehicle. All the hirer is responsible for is damage that is not wear and tear. At SSD, we also include replacement vehicle cover as part of your contract, meaning you are always mobile and your business is minimally affected by any downtime on your vehicle.
Many of the companies we supply are small, medium and large companies and organizations. Apart from limited companies, we also provide vehicles under contract hire agreements to local authorities, the NHS, schools, universities and colleges. Contract hire is also available to sole traders and partnerships.
Contract Hire can provide tax advantages and reduced administration and is a useful tool in assisting businesses to budget more accurately for their vehicle requirements. Personal contract hire can also be arranged for private individuals.
The main advantages of Contract Hire are fixed monthly budgeting, cash flow benefits, simplified administration, minimal vehicle disposal issues and the useful back up and advice you will get from the hire company.
Here are some examples of what we can supply. For other makes and models, please complete an enquiry form below or give us a call on 023 9265 4655.