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, servicing and disposing of their company vehicles.
Step 1
You pay the advanced rental ranging from 3 to 12 months upfront.
Step 2
Fixed monthly rental for the duration of your contract.
Step 3
At the end of your agreement you simply return the vehicle back to us.*
*There may be an excess charge if you exceed the agreed mileage. All finance is subject to status. A guarantor may be required. You must be at least 18 and a UK resident (excluding the Channel Islands and Isle of Man) to apply for finance. Finance provided by RCI Financial Services Ltd, P.O. Box 493, Watford, WD17 1FJ.
The business finance option with the flexible balloon repayment option. Lease-Purchase is a Hire Purchase agreement, offering you the option to own the vehicle at the end of the agreement. It offers fixed repayments and fixed interest payable on the purchase price less the deposit. In addition, you have the ability to defer a proportion of the vehicle's cost to a final balloon payment at the end of the agreement. This will result in lower monthly payments than Hire Purchase and could, therefore, improve your cash flow.
Step 1
Your deposit. You tell us how much deposit you would like to pay.
Step 2
The balance to fund. Your salesperson will calculate your monthly payment based on the remaining amount to be financed on the vehicle. Pay the Option to Purchase Fee and ownership of the Renault is transferred to you at the end of your agreement.
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