Contract Hire is a rental product where the monthly rentals are based on the period of hire, the annual mileage, the vehicle price and the anticipated future value of the vehicle. Service and maintenance cover can be introduced. You typically pay an initial payment of three or six monthly rentals and this is followed by equal monthly rentals over the hire period.
Business car contract hire
A popular way of providing an affordable and practical perk for employees, can be an amazing way to show appreciation to employees. You may be surprised how affordable car contract leasing can be.
Contract hire is not reserved only for business
Individuals who need a car fast and don’t have the funds to pay the upfront costs of buying a new car can choose to use a personal car contract hire plan. Getting a car on contract hire is a way of driving the newest models.
Drive the latest cars, vans or pickups
without paying the high upfront cost, you may want to join the thousands of businesses across South Wales who are leasing their vehicles.
Benefits of contract hire
- Fixed low rentals - Improves cashflow
- Zero Depreciation - No deposit risk
- Tax efficient - Rentals allowable
- VAT reclaimable - up to 100%
- Includes road tax - Renewed annually
Contract hire offers
New MG3 is available on Business Contract Hire.
New MG3 is the best value hatchback money can buy. With it's vast array of technology including an 8" colour touch screen, Apple CarPlayTM, reversing camera with dynamic guide lines, Bluetooth telephone and audio streaming, cruise control, and with rentals starting from just £127.67 per month, it's the perfect package for any business customer.
|Business Contract Hire (3 Years)||Term (Months)||Annual Mileage||Profile||BIK||BCH Without Maintenance (exc VAT)||Initial Rental (exc VAT)|
|New MG3 Excite 1.5 DOHC VTI-tech||36||8,000||6+35||29%||£149||£894|
MG ZS is available on Business Contract Hire.
Have it all with the MG ZS. Premium features for an economy price. Smart new design and next-level technology including an 8" colour touch screen, Apple CarPlayTM, Satellite Navigation, Bluetooth integration, Cruise control, and Reversing camera and sensors, all from only £139.43 per month.
|Business Contract Hire (3 Years)||Term (Months)||Annual Mileage||Profile||BIK||BCH Without Maintenance (exc VAT)||Initial Rental|
|MG ZS Excite 1.5 DOHC VTI-tech||36||8,000||6+35||26%||£152.67||£916.02|
|MG ZS Excite 1.0T GDI turbocharged||36||8,000||6+35||29%||£181.64||£1,089.84|
|MG ZS Exclusive 1.5 DOHC VTI-tech||36||8,000||6+35||26%||£170.90||£1,025.40|
|MG ZS Exclusive 1.0T GDI turbocharged||36||8,000||6+35||29%||£199.87||£1,199.22|