Business Contract Hire ExplainedContract Hire agreements are a cost effective way of funding a single company car or a fleet of business vehicles. Simply choose a vehicle that fits the needs of your employees, decide whether whether you would like a 2, 3 or 4-year term and estimate your annual mileage. To make your experience even easier, you can include servicing & maintenance costs in the monthly payment. Contract hire is suitable for sole traders, partnerships and especially limited companies, who are able to claim back 50% of the VAT on vehicle payments and 100% of VAT on maintenance costs.
How it WorksYou'll pay an initial rental and a fixed monthly rental for the duration of the contract, at the end of which you are able to simply hand the keys back and walk away with nothing more to pay, or start again with another new model from our range. The initial rental is up to you - put in a higher amount at the start of the contract to bring down the monthly repayments or spread the cost over the entire term. Road Tax/Vehicle Excise Duty is included in the cost of the monthly repayments
Why Stratstone Business Contract Hire?As the UK's largest prestige vehicle supplier we have an extensive range of suitable cars for your business. We also understand what it means to build relationships with our customers and achieve total customer satisfaction. With a one-to-one personal service we're able to thoroughly discuss your requirements and go through your options to find the best vehicle for you, your company, your budget and your brand. Free Mainland UK delivery is included with all business contract hire agreements.
How long can I have the contract for?The length of your contract is flexible to suit your business requirements and can be over a period of 24, 36 or 48 months. Your monthly rental payments are based on an agreed annual mileage. The minimum mileage we offer is 6,000 miles per annum. The maximum mileage we offer is 150,000 miles over the duration of the contract. Please note that exceeding the maximum mileage limit may result in excess mileage charges at the end of the contract, so it is important that you accurately estimate the distances you will travel throughout the year.
Our Vehicle Fleet Management Solutions
Pendragon Vehicle ManagementIf you are looking for more than 25 vehicles for your business or are seeking a corporate partner to help you manage your fleet, our sister company Pendragon Vehicle Management has over 30 years' experience in this industry.
Offering their services to businesses of any size in any sector, Pendragon have a range of fleet funding solutions for brand new cars and vans, and can help reduce costs and drive efficiencies across your fleet, providing accident management, full maintenance, daily rental, outsourced administration, fuel cards, telematics and more.