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NICHE LEASING

Niche Leasing

        07976 735881   

gareth@nicheleasing.uk

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BUSINESS CONTRACT
HIRE.
BCH Car Finance Deals

Choose a new car on a business contract hire

BUSINESS CONTRACT HIRE?
 

Contract Hire is a finance agreement between a business and a finance company: the finance company owns the vehicle, and you are essentially hiring it for a fixed contract duration, usually between two and five years.

 

Why choose BCH?

No depreciation risk — the finance company takes on the risk. If the vehicle is worth less than anticipated at the end of the contract, you have nothing further to pay.

How does Business contract hire work?

At the outset, you select the term and annual mileage, for example, 3 years and 10,000 miles per annum. This will give you a fixed monthly cost, which can help with budgeting and cash flow. If you wish, you can also choose to include maintenance, 

What are the benefits of Business contract hire?

  • No disposal worries — the finance company simply collects the vehicle at the end of the contract and deals with selling it on. Your contract ends at collection and there's nothing further you need to do.

  • VAT-registered businesses can claim back 50% of the VAT on the rental on a car, and 100% on a commercial vehicle. If you opt to include maintenance, you can always reclaim 100% of the VAT on the maintenance payment, car or commercial. Different rules may apply to businesses on non-standard VAT schemes, such as cash accounting or the flat-rate scheme — you'll know if this applies to your business.

How do I request a quote?

Let us know the make and model required,  your monthly budget, annual mileage, and also the payment profile required? 

We will then search through all of our dealer network and funders to tailor the best quote we can for you.

Require a quote? please click on the contact page and complete the enquiry form, alternatively email gareth@nicheleasing.uk

Commonly asked questions

Contract hire details

Live chat also available below.

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Require further information or a quotation for a car funding option?

Looking for a specific Make or Model of car to be sourced?

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