Back to Services

Contract Hire

For over three 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 161 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

News & Media

Daily rental lead times affected by vehicle production slow down

With manufacturer production issues affecting vehicle supply, Grosvenor Rental Management is advising its daily and long-term rental customers to plan early for their vehicle hires. Alison Mead,...

More

Come and see us at Fleet & Mobility Live

We are delighted to announce that The Grosvenor Group is exhibiting at this year's Fleet & Mobility Live exhibition at...

More

An interesting article from The Grosvenor’s Group’s recent magazine about well-being for company car drivers and for those field-based staff who have always worked from home. https://t.co/70dRv96mlL #fleetmanagement #fleet #contracthire #WellbeingWednesday https://t.co/F9zeBm52i1