Contract Hire with Auto Wholesale
Advantages of Contract Hire
- Volkswagen Commercial Specialist
Our rates are highly competitive for VW commercial vehicles
- Off-balance-sheet funding
Contract hire vehicles remain the property of Autowholesale and therefore do not appear on your balance sheet as fixed assets.
VAT on rentals is normally recoverable. There may be a 50% restriction on the finance component of the agreement but 100% should be recoverable on the maintenance element. Please check with your accountant.
- Reduced Administration Costs
Autowholesale take all the hassle out of acquiring and running your fleet. We use our experience to smooth the acquisition, maintenance, and disposal, releasing your time for running your business.
- Low Initial Outlay
Initial payment is usually equivalent to three months rental in advance, and can be even less depending on your individual circumstances.
- Fixed Monthly Payments
All payments remain fixed during the period of the contract, which assists your cash flow forecasting.
- No Depreciation Concerns
The future value of the vehicle is totally at the risk of Autowholesale, leaving you no residual value worries.