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|35 Monthly Payments||£162 (plus VAT)|
Finance ID: 100
|35 Monthly Payments||£170 (plus VAT)|
Finance ID: 98
Who is contract hire for?
Contract Hire is an ideal product for companies who don't want the financial risk of running their own car and van fleets, and who want to reduce the administrative load of buying and disposing of their company vehicles.
Step 1: Advanced rental
You pay the advanced rental ranging from 3 to 12 months upfront.
Step 2: Balance to fund
Fixed monthly rental for the duration of your contract.
Step 3: At the end
At the end of your agreement you simply return the vehicle back to us.*
The benefits of Renault Contract Hire:
• Road fund licence included.
• Flexibility to increase your contract term and mileage.
• Optional servicing, maintenance and tyre options bring all running costs into one package.
• The reduced VAT paid by the business, as monthly vehicle payments.
• Can be offset against taxable profits.
• Vehicles on Contract Hire are classified as ‘off-balance sheet’ and therefore has accounting benefits by improving the financial ratios for the business.
• VAT registered businesses are able to claim 100% of the VAT back if the vehicle is used exclusively for business.
• If vehicle used privately, 50% of the VAT can be reclaimed on the finance of the rental.
Company Car Tax Calculator
Company cars are now taxed on their CO2 emissions.
Terms and Conditions
BUSINESS USERS ONLY. Renault Finance, Rivers Office Park, Denham Way, Maple Cross, Rickmansworth, WD3 9YS. You will not own the vehicle. All prices exclude VAT. Subject to status. Guarantees and indemnities may be required. 18+. UK resident (excluding Isle of Man and Channel Islands). Based on 6,000 miles per annum. Offer based on advance rental of £1,935.36, followed by 35 monthly rentals of £161.28. Further charges may apply subject to mileage and condition at end of contract. Terms and conditions apply. Non-maintenance offers available on new vehicles when ordered and proposed for finance between 1st July 2021 to 30th September 2021. Registered and Financed by 31st December 2021.