Contract Hire
In 1980, just 5% of the UK's company cars were contract hired. Today the figure is over 40% and rising (* Fleet Week), which clearly demonstrates the popularity of, and need for, contract hire.

Unsurprisingly, financial experts opt for contract hire for the numerous cost savings. They think of:

• considerable VAT benefits.
• the efficiency of budgeting for one agreed monthly payment.
• the substantial sums freed-up for the investment in more lucrative areas of the business.
• the option to save even more money through nearly-new contract hire.

Once their contract is up and running, they experience the extra benefits:

• the freedom from risks of depreciation and resale values.
• the lack of restrictive commitment, as cars are simply handed back at the end of the contract.
• the straightforward maintenance cover, with RAC breakdown and recovery service, which automatically keeps their drivers on the road without involving the company in complex and costly administration.
• the dedicated support from experienced staff.