Contract Hire is the most common form of operating lease in motor finance, particularly in the provision of vehicle fleets.

Key Features


Facilities to fund a single vehicle or fleets of vehicles for business customers.

Off balance sheet funding as the vehicles are owned by the Finance company.

Fixed monthly cost for the life of the agreement.

Terms can be tailored to meet specific requirements over mileage and funding period.

Can include all the maintenance costs or just the finance element.

Road fund licence costs are included.

VAT is paid on the rentals and these can be recovered in full for a commercial vehicle and 50% for a car.


Key Benefits


Assists cashflow and budgeting by spreading the cost of vehicle ownership over the useful life of the vehicle.

A minimal deposit is paid, typically only 3 rentals.

A customer can benefit from the purchasing power of the Finance company with vehicle prices significantly discounted along with associated maintenance costs.

Rentals are offset against taxable profits which could reduce your tax liability.

No potential to lose money on disposal at the end of the contract as this is at the Finance company’s risk.

Fleet management capability assists companies when running fleets of vehicles.

Additional Information

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Robinson Financial Services Ltd is an independent asset finance broker not a lender as such we can introduce you to a wide range of finance providers depending on your requirements and circumstances. We are not independent financial advisors and so are unable to provide you with independent financial advice. Robinson Financial Services Ltd may receive payment(s) or other benefit from the finance provider if you decide to enter into an agreement with them.

Robinson Financial Services Ltd is an Appointed Representative of AFS Compliance Limited, which is Authorised and Regulated by the Financial Conduct Authority, form number 625035.  Robinson Financial Services Ltd is a franchisee of Asset Finance Solutions (UK) Limited

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