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Contract Hire

Contract hire for cars and light commercial vehicles

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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.

Contract Hire Benefits

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Accurate Cash Flow forecasting from fixed payments

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Reduced administration

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Zero risk on disposal

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Reduced risk of losses on sales proceeds and expensive maintenance bills

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No increase in company gearing

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Liability removed from balance sheet

 

© Grosvenor Contracts Leasing 2018