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 Car Hire UK - Car Hire in the UK and tourist guide. Car hire information for specific locations; Bournemouth, London, Heathrow and Gatwick airports. Contract car hire, classic, performance, prestige, Porsche and cheap car hire all detailed.
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Contract Hire also known as an Operating Lease is defined and benefits outlined. Contract hire sample pricing (UK), links to UK contact hire firms and more.
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Car Contract Hire
Also known as an Operating Lease, your vehicle is hired to you for a fixed period based on how long you want the vehicle for and the estimated mileage you will cover during that period. These two factors allow a projected residual value of the vehicle to be determined at the end of the lease period.
Monthly rentals are based on the difference between the price of the vehicle when new and the projected residual value plus finance charges. This means that only a proportion of the vehicle's value is being repaid which avoids any large initial capital outlay and reduces the monthly costs.
At the end of the contract period the vehicle is returned, removing the worry of disposal. You carry no risks on the residual value from the proceeds of the sale.
Use without ownership of the vehicle
Eliminates capital expense
Improved cash flow with rentals paid from revenue income
VAT reclaimable (depending on usage)
Off balance sheet finance
Avaliable on new and used vehicles
Rentals allowable against taxable profits (commercial vehicles fully, passenger cars proportionally)
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Contract Car Hire UK, Sample Pricing
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Mileage
Per Annum
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Vehicle
Description
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10,000
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15,000
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20,000
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25,000
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£
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£
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£
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£
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Seat Arosa
1.0 3dr
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129
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133
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137
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140
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Mitsubishi
Carisma 1.6 Classic 5dr
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161
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167
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172 |
178 |
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Peugeot 307
16V Style 3dr
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199 |
205 |
211 |
217 |
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Volkswagen Golf 1.4 S 5dr |
212 |
218 |
225 |
231 |
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Mazada 6 1.8S 5dr |
234 |
242 |
249 |
256 |
| Renault
Laguna 1.8 16V Expression 5dr |
213 |
220 |
229 |
237 |
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Volkswagen Sharan 2.0 SL 7st (115bhp) |
289 |
298 |
309 |
319 |
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Audi A4 1.8T SE 4dr |
318 |
330 |
347 |
361 |
| Jaguar
X-Type 2.0 V6 SE 4dr |
339 |
355 |
373 |
389 |
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BMW 320d SE 4dr |
356 |
373 |
389 |
405 |
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| The most relevant links we could find, placed here free |
 1st4 Contract Hire
- Contract Hire and Car Leasing from 1st4 vehicle leases UK. 1st4 provide contract hire and car leasing options for all makes and models of new and used vehicles at excellent rates with free delivery throughout the mainland UK. www.1st4contracthire.co.uk
Lex Vehicle Leasing
- "Lex gives you the complete solution to your fleet requirements. As the UK's leading contract hire company, we offer an unrivalled service to all our customers." www.lex.co.uk
Honda (UK)
- Introducing the all new Accord, with C02 emissions from only 176g/km and the incredible Civic Executive IMA with 116g/km, 57.6 mpg, liable for only 12% BIK Tax & no TFL congestion charge. www.honda.co.uk
Avis Rent a Car UK
- Avis Car Contract Hire. Check our internet specials. No pre-payment. No cancellation fee. On-airport locations. Book online now. It's quick and easy. www.avis.co.uk
MVAF
- for Car and Vehicle Finance, Contract Hire, Leasing and Hire Purchase. www.mvaf.co.uk
Tilsun Group Car Leasing
- Contract Hire, Finance Options, Car Leasing, Contract Purchase. www.tilsungroup.com
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Site written by Alex Szeremeta & Ian King