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Contract Hire

Car finance offers a Contract hire/business car lease for a vehicle-leasing contract for sole traders, partnerships, limited companies and PLC's. The Hirer benefits with car by paying a single fixed rental each month. This includes road fund licence and, if required, service and maintenance. Rental periods of car finance typically vary between 18 and 48 months, there is no large initial payment to be made as deposits are usually equivalent to 1 or 3 months rental. VAT is payable on rentals but is partially reclaimable by VAT registered companies. At the end of a contract the vehicle is returned to the lender at the agreed contract mileage with no final or balloon payment to be made. For details of car Finance Lease, refinance car loan & Contract Purchase, please contact this office.

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