Contract Hire is the increasingly popular choice for business funded vehicle acquisition. Quite simply, there are many benefits to be had from a Contract Hire agreement. It allows accurate monthly budgeting, the ability to tailor the agreement to reflect your needs of that vehicle in terms of annual mileage and maintenance, lower, VAT efficient, rentals and the fact that at the end of the agreement you have no disposal risk. You can define the level of maintenance cover you wish to build in from none or only straight servicing up to servicing, maintenance, tyres and road fund licence — the choice is yours.

If you are a VAT registered business and plan to use the vehicle for some private use aswell, then up to 50% of the VAT on the monthly finance rental is recoverable and up to 100% of the VAT on the additional maintenance items can be recovered. Volkswagen Finance also often run special offers for vehicles on Contract Hire — please contact our Business Managers to find out what is currently available!