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Business Contract Hire

Business Contract Hire (BCH) explained

Business Contract Hire (BCH) is the best solution for VAT registered companies. As the vehicle is the property of the leasing provider, it is a hassle-free way to keep your business on the move. VAT registered companies can claim 50% of the VAT on the cost of renting a vehicle. We will include the Road Fund License within the cost of your monthly payments. And, at the end of your agreement, simply return your vehicle to us.

Benefits of Business Contract Hire (BCH)

  • Low cost initial payments.
  • Affordable fixed monthly payments to make budgeting easier.
  • As we are the providers of the vehicle there's no need for you to worry about ownership, depreciation of the vehicle or selling/disposal of the vehicle.
  • VAT registered companies can claim 50% of the VAT. 
  • Maintenance options can be included within the monthly payments, that covers servicing, repairs and any other unexpected costs. 100% VAT can be reclaimed on maintenance charges. 
  • Road fund license also included within your monthly payments. No hidden costs or charges. 

Please note, with Business Contract Hire (BCH) there is no option to purchase the vehicle.

 
For a quote or if you have any queries our friendly staff are on hand to answer any of your questions. Get in touch on 0800 470 0445, email us on businessdrivedirect@toyota-fs.com or request a call back.