Flexible Contract Hire car finance

• Flexibility – You could set the  term and annual mileage to suit your needs and amendments and extensions are usually possible.
• Manage maintenance – By adding maintenance into your Contract Hire agreement, you can spread the costs of servicing and repairs.
• Avoid Depreciation – As you don’t own the  vehicles, you will not be affected by market values depreciating.
• Less admin – We source and supply your car and you return it at the end.
• Helps cash flow – No upfront charges and fixed monthly rentals could help  your business’ cash flow.
• Upgrades – Easily replace your business cars every two, three or four years, as required.
• Lower costs – We purchase some cars with larger discounts than normal and you could benefit from lower costs when you select one of these special offer vehicles.

Through LVS we offer Contract Hire to micro businesses and sole traders, as well as larger-scale companies. If you are VAT registered and plan on using the vehicles entirely for business, you are able to claim back 100% of VAT however if the vehicles are used for a mix of business and pleasure, the amount of VAT claimable decreases to 50%.

Tax reliefs referred to are those applying under current legislation which may change. The availability and value of any tax reliefs will depend on your individual circumstances’.