Contract hire
Fleet funding
Contact us today to determine which funding method is the most appropriate for your business.
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Car contract hire is the most popular method of fleet funding and is ideal for organisations that don't want to undertake the risk associated with predicting the residual value of vehicles, or the maintenance and servicing costs.
In a car contract hire agreement, you simply hire the vehicle from Hitachi Capital Vehicle Solutions for a pre-determined period at a fixed monthly rate. We retain ownership of the vehicle, and the associated risks, and at the end of the contract you return the vehicle to us.
Benefits of contract hire:
- Fixed monthly costs
- VAT-efficient for most organisations
- No residual value risk
- Additional services can be included
- Low initial outlay
- Provides an alternative credit line for funding
- Single monthly invoice
- Does not appear on lessee's balance sheet
Contact us today to determine which funding method is the most appropriate for your business.
