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It's
here!
the
opportunity to take short term contract hire vehicles at less than long term rates.
Now for
the first time you can decide on the hire contract that suits your business. For
only one month's deposit you can choose from Ferraris to Fiestas with contracts
as short as 3 months. Take a look at a selection from our current stock list.
- Ideal
for new employees / short term contracts
- Avoid
long-term commitment
- Only
one month's deposit
- Improve
your cashflow
- Have
the contract terms that you want
The Company
Car funded on Contract Hire is a powerful business tool. It provides a tax efficient,
fixed price method of providing your employees with aspirational, motivational
transport; it is price competitive and simple to administer. There is, however,
a potential catch. By it's very nature Contract Hire is based on a number of fixed
parameters, the term of the contract being one of the most crucial. This means
that should you need to end your agreement before it's natural termination date
(say that salesman didn't work out or you want to upgrade someone's vehicle) it
can be expensive; normally a penalty of 50% of the outstanding rentals is payable.
Similarly,
in order to obtain the optimum monthly rental on a Contract Hire agreement it
is often necessary to commit to a three year contract; not so desirable when you
are taking a chance on a new member of staff.Now, however, a solution to both
of these situations may be at hand. A new forum has been established to introduce
customers requiring short term contracts with customers who wish to terminate
their existing contract early without large penalties. A list of contracts with
descriptions of vehicles and contract terms will be published on the Web. Customers
looking for a short term contract can then peruse this list and then, subject
to credit acceptance and a small administration fee, the car of their choice will
be assigned to them.The existing hirer comes out of their contract with the minimum
charge and the new hirer gets the car that they want on a short term contract
but with the benefit of a much reduced monthly cost. What are you waiting for!
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