The Smart Choice for Company Vehicles
Business Contract Hire (BCH) is a cost-effective, flexible, and hassle-free way for businesses to fund and manage their vehicles. Instead of purchasing a vehicle outright, BCH allows companies to lease a car or van for a fixed monthly payment, with the option to include maintenance and servicing.
It’s ideal for businesses that want fixed costs, no depreciation worries, and easy vehicle upgrades at the end of the term.
How Does Business Contract Hire Work?
- Choose Your Vehicle – Select the make, model, and specifications that suit your business needs.
- Agree on Terms – Decide on the lease period (typically 24–60 months), annual mileage, and optional maintenance packages.
- Fixed Monthly Payments – Pay a fixed, predictable amount each month, keeping costs under control.
- Drive with Confidence – Enjoy the vehicle without worrying about depreciation or resale value.
- Return & Renew – At the end of the contract, return the vehicle and upgrade to a new model if required.
Key Benefits of Business Contract Hire
✔️ Low Initial Outlay – Free up capital for other business investments instead of tying it up in vehicle purchases.
✔️ Fixed Monthly Costs – Predictable payments make budgeting easier, reducing financial uncertainty.
✔️ No Depreciation Worries – Since you don’t own the vehicle, you won’t have to deal with fluctuating resale values.
✔️ VAT Benefits – If your business is VAT-registered, you can reclaim up to 100% of the VAT on BCH payments for commercial vehicles (or 50% for cars used for business and personal use).
✔️ Tax Efficiency – Monthly payments can often be classed as an operating expense, reducing taxable profits.
✔️ Optional Maintenance & Servicing – Choose a package that includes servicing, maintenance, repairs, tyre replacements, and breakdown cover to avoid unexpected costs.
✔️ No Disposal Hassle – At the end of the contract, simply hand the vehicle back without worrying about selling or depreciation.
✔️ Flexible Terms – Choose contract lengths and mileage allowances that fit your business needs.
Who is Business Contract Hire For?
Business Contract Hire is perfect for:
✅ Sole traders, partnerships, and limited companies looking to manage vehicle costs efficiently.
✅ Businesses that prefer fixed monthly costs and don’t want the risks of vehicle ownership.
✅ Companies that need a fleet of modern, reliable vehicles with low running costs.
✅ VAT-registered businesses looking to reclaim VAT on lease payments.
However, if you want to own the vehicle at the end of the term or need unlimited mileage, other funding options like Finance Lease or Hire Purchase may be more suitable.
Get a Tailored Quote Today!
Whether you need a single vehicle or an entire fleet, we can help you find the right Business Contract Hire solution. Get in touch today for expert advice and a no-obligation quote.
📞 Call us: 01908 262 662
📧 Email us: sales@webcars.co.uk
LVC Central Ltd is a credit broker not a lender and is authorised and regulated by the Financial Conduct Authority -Reference number: 718938. We may receive a commission payment from the finance provider, one of our selected panel of funders. Terms and conditions are available on request. webcars is a trading style of LVC Central Ltd. Registered in England Number 3102865. Registered Office: 2 Cosgrove Road, Old Stratford, Milton Keynes MK19 6AF. BVRLA membership number: 2126