Business contract hire is a form of vehicle leasing that is most suitable for business owners, sole traders, partnerships and limited companies.
Much like Personal Contract Hire, with Business Contract Hire you will pay for the use of the vehicle during the agreed duration of your contract (usually 24, 36 or 48 months) by a series of fixed monthly payments. At the end of your contract you simply return the vehicle to the finance company.
Business contract hire is easily the most common form of leasing and is often the most advantageous. It allows you to change your car regularly and avoid the harsh risk of depreciation.
Key Benefits to Business Contract Hire: