Here are a selection of our newest lease car deals based on business contract hire rates. These are sourced from an extensive catalogue of UK dealerships and funders and our expert leasing team review and revise them daily.
A business contract hire agreement includes road tax for the full term at the prevailing rate, you'll have the benefit of full manufacturer warranty and free UK mainland delivery as standard.
Browse our current business leasing deals or compare car lease options using the intelligent search tool. Alternatively, contact us with your exact requirements and we will return a selection of personalised quotations.
Business Car Leasing Explained
Business Contract Hire is commonly referred to as a business vehicle lease and allows businesses a fixed payment method for the use of a vehicle for a term of normally between 12-48 months. The payments attract VAT, of which 100% of the finance element is reclaimable on vehicles used for business use only (this reduces to 50% if vehicles are used privately as well). 100% of the VAT for any maintenance payment is also reclaimable. The rental payments are also classed as a true business expense so can be wholly offset against corporation tax. The benefits are fixed monthly payments with no disposal risk but reasonable care has to be taken of the vehicle and also there is an obligation to remain under the stated mileage at the contract inception or the finance company will levy a charge for loss of value.