Vehicle funding: Contract Hire
Is Contract Hire right for my company?
With Contract Hire from Arval, your company will benefit from new vehicles without having to find the initial large capital outlay to purchase them. In addition, there’s no need to worry about what the vehicles may be worth when selling them, as we will arrange this and take on the risk of depreciation.
What are the benefits to my business?
Contract Hire can bring a range of benefits to your company:
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New vehicles
Run new, reliable vehicles without spending large sums of working capital.
Competitive prices
In the UK alone, we buy more than 35,000 vehicles every year. Our strong relationships with manufacturers combined with our buying power means that you can benefit from competitive monthly prices.
Flexible contracts
Choose a contract length and mileage allowance that suits your business needs and budget.
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Complete vehicle management
Leasing with Arval gives you access to a wide range of additional optional fleet management services. These include Maintenance, Accident Management, Vehicle Rental, Telematics, Insurance and Fleet Protect to help with your 'Duty of Care' obligations.
Fixed monthly payments
Knowing exactly what your monthly payments will be helps you budget and manage your cashflow.
Low financial risk
Free yourself from the risk of depreciation and the hassle of selling vehicles. We own the vehicles, so you simply return them to us and we will take care of the rest.
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Consolidated invoicing
Monthly consolidated invoices simplify administration and save you time.
Freedom of choice
Choose from almost any make or model. All you have to do is decide which vehicles best match your company’s requirements. We can also advise you on criteria such as CO2 emissions and model ranges.
Vat efficient*
You can claim back up to the following amounts of VAT on your finance rental payment:
› 100% for any vehicle which is used for business use only
› 50% for cars used for business and private use
In addition you can claim back 100% VAT on any maintenance charges for all your vehicles.
*providing your business is not VAT restricted
Take control today
Contract Hire brings you flexible fleet finance that’s cost-effective, VAT efficient and free from the financial risks of purchasing. To discuss your specific fleet requirements and how we can help you finance them, please contact us today.