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The Contract Hire Finance Plan shown is applicable to Business Users Only and subject to status through Spitalgate Contract Motoring, Estuary House, Leeward Drive, Liverpool, L24 8RE. Monthly rentals are based on an inital payment, shown above, followed by 35 rentals monthly in arrears. An acceptance fee of £250 is payable in addition to the advertised rentals. All rentals are subject to VAT and are based on an annual mileage of 10,000 miles. Excess mileage will be charged for. Full quotations are available upon request. Indemnities may be required. Spitalgate Contract Motoring is a trading style of Capital Bank plc. Offers are only applicable in the UK (excludes Channel Isles and I.O.M.)

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Key benefits of Contract Hire

  • Lower fixed monthly rentals
  • Rentals are allowable against tax (restricted on the cars costing more than £12,000)
  • 50% of the VAT can be reclaimed on rentals on cars (the actual percentage may vary)
  • There’s an optional maintenance package to cover unexpected costs
  • Cash flow is improved
  • Administration is minimal
  • You’re protected against any fall in used vehicle prices
  • You’re not responsible for disposing of the vehicle
  •  Your vehicle can be changed for a new one every 2 or 3 years