Cost-Effective Vehicle Leasing Solutions for Businesses
Enjoy fixed monthly costs and simplified fleet management with contract hire
Contract Hire is a cost-effective way for businesses to access and use vehicles without the upfront costs or risks associated with ownership. With fixed monthly payments, you can fund a single vehicle or an entire fleet, freeing up cashflow and simplifying vehicle management.
Key Features
Single Vehicles or Full Fleets: Flexible solutions for businesses looking to fund one or multiple vehicles.
Off-Balance Sheet Financing: Vehicles remain owned by the finance company, improving your financial reporting.
Fixed Monthly Payments: Enjoy a predictable, fixed cost for the duration of the contract.
Tailored Terms: Agreements customised to fit your specific mileage needs and contract length.
Maintenance Options: Choose to include maintenance costs in your monthly payments or keep it strictly to the finance element.
Road Fund Licence Included: All road fund licence costs are covered in the agreement.
VAT Recovery: Recover VAT in full on commercial vehicles and up to 50% on cars.
Key Benefits
Improves Cashflow and Budgeting: Spread the cost of vehicle use over time, easing financial strain.
Minimal Upfront Costs: Typically, only three rentals are required as a deposit.
Discounted Vehicle Prices: Benefit from the finance company’s bulk purchasing power, reducing both vehicle and maintenance costs.
Tax Efficiency: Offset rental payments against taxable profits, potentially lowering your tax liability.
No Disposal Risk: At the end of the contract, the finance company assumes the risk of the vehicle’s residual value.
Fleet Management Support: Simplify running multiple vehicles with efficient fleet management options.
Ready to discuss contract hire?
Contact Barkers Finance today to discuss how our Contract Hire solutions can meet your business’s vehicle needs. Our team of experts is here to guide you through the process and help you find the best contract hire option.
