Jaguar Contract Hire
With no worries at the end of a contract, business customers can drive away with an initial rental in advance
At Sytner Group we can introduce you to a limited number of carefully selected lenders and finance products to assist you with your vehicle purchase (available for both for our private individual and business user customers). Information on the funding products can be given to help you make an informed decision as to which product is most suitable for you.
Business Contract Hire
Business customers can drive away the perfect Jaguar with an initial rental in advance of 1-12 months (subject to underwriting), regular monthly rental fees and no worries about what to do with it at the end of the contract**. An optional maintenance, routine service and repair package, could make things even simpler.
How does it work?
Choose the new car you like
Choose the most suitable hire period, usually between 24 and 48 months
Agree on your annual mileage
Agree the rentals most suitable for your budget
At the end of the agreement simply hand the car back
What are the benefits?
If VAT registered, your business could claim up to 50% of the VAT on monthly rentals and 100% VAT on the maintenance rental
Optional maintenance contract, so no surprise bills
A proportion of your rental payments allowable against tax
Reduced initial outlay improves the cash flow of your business
No hassle in selling the vehicle at the end of the contract
What else do I need to know?
- Choose from an initial rental in advance of 1-12 months (subject to underwriting) giving flexibility to set your monthly rentals to suit your budget
- Contract term between 2-5 years Agreed Annual Mileage 1) If you drive less than the agreed annual mileage this will not alter the monthly rentals 2) If you exceed the agreed annual mileage, excess mileage charges will apply
- Minimum Contract Annual Mileage. All vehicles 5,000 per annum. You can drive less than 5,000 miles per annum, however this will not alter the monthly rentals
- Maximum Contract Hire mileage is 120,000 miles over the duration on Petrol vehicles
- Maximum Contract Hire mileage is 150,000 over the duration on Diesel vehicles
- You can change the contract duration and mileage (except in the first and last 6 months of the contract)
- You will not own the vehicle