Business Finance

Contract Hire

With competitive rentals and unrivalled service, we can help you find the perfect vehicles for your business.

Call us on 01285 647 626 or browse our rentals

Contract Hire Calculator

What is Contract Hire?

Contract Hire is a fixed-cost, rental agreement. You choose a new vehicle, agree the maximum annual mileage and length of agreement, and then pay an initial rental followed by fixed monthly rentals to suit your budget. You can even choose to cover vehicle maintenance costs as part of your agreement subject to paying a maintenance charge which is added to your monthly rental.

Latest Contract Hire offers

L200 Barbarian

£275 per month

Plus £2,475 initial rental. All rentals + VAT at 20%. 36 month rental term. 8,000 miles per annum. Excess mileage @10.50p + VAT per mile. Provided by Shogun Vehicle Leasing a trading style of Lex Autolease Ltd. SK3 0RB. Business users only.

Business contract hire ^

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Outlander PHEV Dynamic

£359 per month

Plus £3,231 initial rental. All rentals + VAT at 20%. 36 month rental term. 8,000 miles per annum. Excess mileage @11.70p + VAT per mile. Provided by Shogun Vehicle Leasing a trading style of Lex Autolease Ltd. SK3 0RB. Business users only.

Business contract hire ^

View PHEV Offers

Provided by Shogun Vehicle Leasing a trading style of Lex Autolease Ltd. SK3 0RB. Business users only.

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Terms and Conditions

Business Contract Hire available to users 18+ subject to status through Shogun Vehicle Leasing a trading style of Lex Autolease Ltd, SK3 0RB. You will not own the vehicle. Vehicle must be returned in good condition to avoid further charges. Excess mileage charges apply.

Contract Hire Explained

  • Choose your vehicle.
  • Flexible initial rentals (advance rentals from 1 - 21 months).
  • Set payments to suit your budget
  • Hassle free at the end of the contract, simply hand the vehicle back and start again. Subject to vehicle condition and mileage.
  • Agreed annual mileage. If you drive less than the agreed annual mileage this will not alter the monthly rentals. If you exceed the agreed annual mileage, excess mileage charges will apply.
  • Contract term 2 - 5 years.
  • You can change your contract duration and mileage (except during the first or last 6 months of the contract). Your monthly rental will be amended accordingly.
  • Maximum contract mileages 120,000 (petrol cars) 150,000 (diesel/hybrid cars) 180,000 (diesel LCV's).
  • Minimum contract annual mileage: 5,000 per annum (you can drive less than 5,000 miles per annum, however this will not alter the monthly rentals).
  • At the end of the contract, you must return the vehicle. You will have nothing further to pay provided the vehicle is in good condition and has not exceeded the agreed mileage. If the vehicle does not meet the mileage and condition terms, excess charges may apply.
  • VAT registered business can re-claim a porportion of the VAT element on rental and maintenance.

    • Customer Benefits

  • Fixed low rentals - to suit your budget and cash flow requirements.
  • Zero depreciation risk - no disposal worries simply return the vehicle at the end of the contract. Excess charges will apply if the vehicle is returned outside of the condition and mileage terms.
  • Tax efficient - rentals allowable against tax.
  • VAT reclaimable - VAT registered businesses can re-claim 50% to 100% of the VAT element on rental and 100% on the maintenance payments.
  • Road Tax included - renewed annually.
  • Flexible terms - choice of advance rental, contract period and mileage available.
  • Maintenance - Optional maintenance package, subject to a charge.

    • Customer risks

  • Ownership - you cannot buy the vehicle at the end of the contract.
  • Maintenance - you must maintain the vehicle in accordance with the contract conditions, even if you have not chosen the optional maintenance package.
  • Repossession - failure to maintain contractual payments may result in legal action.
  • Insurance - you must have fully comprehensive insurance.
  • Termination - you can terminate the contract early by paying 50% of the remaining rental cost.
    • Call us on 01285 647 626 or contact us for a quote
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