Contract hire is the most popular. It frees up your working capital and allows you to budget easily, with fixed monthly rentals based on cost, lease term and annual mileage. There are no depreciation losses and, as no VAT is paid on the vehicles, there can be tax advantages which are reflected in your monthly rental fee. You can choose from a wide range of new vehicles so you don’t need to worry about MOTs, and breakdown cover and servicing are included unless otherwise agreed. And importantly, you will also benefit from GKL’s vast fleet management expertise.
All you are responsible for is comprehensive insurance cover, filling up with fuel, maintaining the car in good condition, checking and topping up oil, and enjoying hassle-free motoring in your brand new leased vehicle.
At the end of the lease we take responsibility for disposing of the vehicle (unless you want to buy it!) and supply you with a new car or van of your choice.
All you are responsible for is comprehensive insurance cover, filling up with fuel, maintaining the car in good condition, checking and topping up oil, and enjoying hassle-free motoring in your brand new leased vehicle.