Car leasing for businesses
We have compiled 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. As well as the chance to drive away in a brand new car, you will also benefit from 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.
If you would like more information on the leasing offers available, contact us with your exact requirements and we will return a selection of personalised quotations.
Browse our best business leasing offers today
Business Car Leasing Explained
Business contract hire is commonly referred to as a business car lease. They allow businesses the use of lease vehicles for a set term period, usually between 12 and 48 months. They benefit from fixed monthly payments and a hassle-free driving experience.
The payments attract VAT, of which 100% of the finance element is reclaimable if the car is used for business use only. This reduces to 50% if vehicles are used privately as well.
As well as this, 100% of the VAT for any maintenance payment is also reclaimable. The monthly 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 car. There is also an obligation to remain under the stated mileage at the contract inception or the finance company will levy a charge for loss of value.