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Contract Hire

For over four decades, Grosvenor has worked with clients to give cost-effective contract hire solutions – offering vehicles over a predetermined period and mileage at a fixed monthly rental, without depreciation risk or disposal issues.

The contract incorporates road fund licence and breakdown recovery whilst other ancillary products can be added – these include a full maintenance schedule, replacement vehicle, accident management and fuel cards.

Key Benefits

  • Accurate Cash Flow forecasting from fixed payments
  • Reduced administration
  • Zero risk on disposal
  • Reduced risk of losses on sales proceeds and expensive maintenance bills
  • No increase in company gearing
  • Liability removed from balance sheet
  • VAT on vehicle purchase redeemable – client benefits through cheaper rentals
  • Reclaimable VAT on finance element of rental – 50% of VAT reclaimable if private use of the vehicle
  • 100% VAT on services element can be recovered
  • Lease rentals for cars with CO2 Emissions less than 50g/km are fully allowable against Corporation Tax

In Summary, contract hire allows you to pay a set monthly fee with no depreciation risk or disposal issues. A full maintenance contract will prevent any unexpected repair costs.
 

GET IN TOUCH
Call us today on
01536 536 536

By having Interactive Fleet Management managing our fleet is as close as we could get to our very own in-house fleet department. They have an in-depth understanding of our business and the role the fleet plays in it

2 Sisters Food Group

GET IN TOUCH
Call us today on 01536 536 536

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To the amazing women out there, The Grosvenor Group pays tribute to you all on International Women's Day, and what better day to show this fabulous photo taken a few years ago of some of the senior leadership team at Grosvenor. #internationalwomensday https://t.co/47MYU5MIjm