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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.
 

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Call us today on 01536 536 536

“At Grosvenor, we firmly believe that service excellence is nurtured by offering customers consistency and continuity of service, and that this is achieved through very strong staff retention and account managers that remain with customers for the long-term.

“It is very rare that we will change an account manager, as its vital they build up long enduring relationships with customers and this was why, when I became customer services director, there was never any question that I wouldn’t personally continue to be Whistl’s primary point of contact.”

Mary Dopson-Taylor, Customer Services Director, Grosvenor Leasing

GET IN TOUCH
Call us today on 01536 536 536

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