Contract Hire
The complete solution for company vehicles used by thousands of UK businesses
Contract Hire is more than just a form of funding. It has become the preferred funding choice for many in recent years
Contract Hire is an operating lease option that allows a vehicle to be supplied over a fixed period, normally 2 to 4 years, for a fixed monthly rental.
In essence Contract Hire provides a fully operational solution to the acquisition, maintenance and disposal of company vehicles and can be linked to total online and/or outsourcing solutions to form a completely managed fleet facility.
Benefits of Contract Hire
Better Deals
Enjoy Ogilvie’s purchasing power and competitive funding options to make a saving.
Reduced Administration
Vehicle maintenance, administration and disposal managed by experts leaving you to concentrate on your core business
Release Capital
Release capital tied-up in depreciating fixed assets so you can use it to fund profitable trading activity.
Tax Relief
Advantage from Corporate Tax Allowance on finance rental plus VAT reclamation at the source
No Large Capital Outlay
Minimises Risk
Fixed Monthly Cost
Maximises VAT Recovery
Effective Tax Allowances
Off Balance Sheet
It’s not that you have chosen the wrong product, just that you have chosen the wrong supplier!
If you have used Contract Hire in the past but have been ‘hurt’ by hidden costs, such as exaggerated early termination costs, penalty excess mileage charges or inflated end of contract condition costs…