Business contract hire offers fixed-cost motoring – you know exactly what your monthly payments will be, so you can budget accurately. Business contract hire is available to sole traders, partnerships and limited companies wishing to fund a Mercedes-Benz or smart car.
Business contract hire is the most popular finance option for VAT registered companies when funding their cars. VAT registered companies can reclaim 50% of the total payments made and all of the maintenance package costs*. More than 40% of companies choose business contract hire (Fleet Week).
Routine servicing and maintenance** costs can be included for a small addition to the business contract hire monthly rentals. Scheduled servicing and maintenance can be carried out at a Mercedes-Benz or smart main dealer of your choice.
Call our car leasing specialists on 0844 375 3263 to find out if business contract hire is right for your company. We have many funding options available to suit your individual requirements.
Personal contract hire is available too. Call 0844 375 3263 for a quote on a Mercedes-Benz or smart.
Read about personal contract hire here.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
Business contract hire - Finance and taxation benefits
Only a minimum outlay is required with business contract hire. You can benefit from maximum control of costs, tax advantages and reduced administration, allowing your business to budget more accurately for your Mercedes-Benz or smart.
Depending on the legal status of your company, business contract hire benefits include:
- Accurate monthly budgeting
- Choice of rental period
- Off balance-sheet
- Improved cash flow
- Minimum capital expenditure
- Fixed interest rates
- Rentals allowable against taxable income
- VAT recoverable on monthly rentals*
- No depreciation risks
- Free delivery and collection (at end of contract) from mainland UK address
For more information on business contract hire or to find out about other Mercedes-Benz funding options for business users, call 0844 375 3263 now.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
Business contract hire - Vehicle running benefits
Some of the benefits our business customers enjoy with business contract hire funding include:
- No vehicle disposal problems
- Fleet can be updated regularly
- Reduced administration
- On-going advice and support
- Road fund licence provided for duration of contract
- Optional maintenance package**
- Optional breakdown rescue cover
- Optional replacement vehicle cover in event of mechanical breakdown
- Optional GAP Insurance***
Business contract hire – Call for a personalised quote
For a business contract hire quote on any Mercedes-Benz or smart, call 0844 375 3263. We can arrange funding for an individual vehicle or whole fleet. Contract hire is also available to private motorists. Please call for details and a quotation on any Mercedes-Benz or smart model.
Read about personal contract hire here.
Browse our best Mercedes-Benz and smart contract hire and car leasing deals here.
*Only 50% of the VAT relating to the finance element is recoverable if car has private usage. Business only users can claim 100% of this. On business contract hire with maintenance, the service element VAT is recoverable.
**Subject to terms and conditions
***GAP Insurance provides cover for the shortfall between the outstanding finance and the insurance value if your insurance company declares the car a write-off.