Contract Hire is now the most popular form of finance for company cars and can be a good option for company vans.

This type of agreement offers several advantages:

• VAT & corporation tax efficiency
• Great for cash-flow
• Additional manufacturer’s discounts and support
• Off balance sheet finance
• Protection from depreciation
• Protection from interest rate rises
• Optional fixed cost maintenance
• Road tax usually included for the period of hire
• Hand the vehicle back at the end of the hire period
• Simplified accounting
• Good source of third party finance

If you employ staff and need to provide them with company transport then contract hire offers the perfect solution.

To find out more about contract hire call TeleLease today.

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