Contract hire is the leading funding method for business fleets. A form of vehicle leasing, it allows you more freedom and access to highly competitive rates.
Instead of buying a vehicle, you hire from us on a long-term rental over an agreed period of time. We source the vehicle, and at the end of the contract, you simply return it to us.
As part of Europe’s largest independent car and van retailer, we use our purchasing power to give you the most competitive monthly prices on new vehicles.
The ACVM contract hire agreement brings stability, certainty and total control of your expenditure and fleet.
We remain the vehicle owner, responsible for any unforeseen maintenance charges.
Just low initial deposits, fixed monthly rentals and no worries about vehicle depreciation.
Benefit from our experience and industry knowledge. We build a partnership with you to make your fleet more efficient.
We take care of everything from acquisition to disposal and daily fleet management, reducing your admin work.
We don’t profit from de-fleet recharges and we share our end of contract guide based on the BVRLA’s industry standard.
We work with you to create a vehicle policy that meets your individual business needs.
Find the right funding method for you. We compare the benefits of leasing a vehicle vs buying outright.
|Feature||Contract hire||Outright purchase|
|Fixed monthly cost||Yes||Yes|
|Low initial deposit||Yes||No|
|Vehicle sourced for you||Yes||No|
|One supplier for all vehicles||Yes||No|
|Fleet administration included||Yes||No|
|VAT recovered on rental||Yes||N/A|
|Rentals allowable against tax||Yes||N/A|
|VAT recovery on vehicle purchase||N/A||No|
|No depreciation risk||Yes||No|
|Servicing and maintenance included||Yes (optional)||No|
|Temporary rental vehicles||Yes||No|
|End of contract disposal||Yes||No|
|Charges for damages||Yes (see BVRLA guide)||No (impact on resale value)|
|Charges for excess mileage||Yes||N/A|
|Rebate of unused mileage||Yes||N/A|
|Writing down allowances||Yes||No|
Most leasing providers provide a similar range of products. So what makes ours so special?
Whatever make, model or manufacturer you need, if it’s available in the UK we can provide any car or LCV. And wherever you are in the UK mainland,
we can also deliver it free of charge.
Our team works to define your requirements and deliver a vehicle policy that’s right for your business.