Contract Hire
and Personal Contract hire
Contract Hire is the most popular method of funding vehicles to companies in the UK. This method has also been increasingly made available to individuals in recent years and its popularity is growing rapidly.
Plan Contract Hire is a simple and effective alternative to purchasing your vehicle. Plan retains ownership of the vehicles (and all associated risks) and hire the vehicles to you at a predetermined period at a fixed monthly rate. At the end of the agreement they are returned to Plan. The rental is calculated from the cost of the vehicle, forecast mileage, term of use and expected residual value. Using Plan’s bulk buying power the total cost can often be less than the equivalent depreciation. Contract Hire is the ideal choice for companies or individuals who do not want to take the financial risk or administrative burden of buying, servicing and disposing of their vehicles.
Features:
〉 Fixed monthly cost for the life 〉 〉
Benefits:
〉 Risk free method of operating 〉 〉 〉
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of the agreement Flexible for term and mileage to suit your usage Plan takes all of the risk associated with ownership (depreciation, maintenance, etc) Off balance sheet funding VAT and Tax Benefits for Business Users
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a vehicle Low, or no, initial outlay Can even be cheaper than depreciation No hassle ‐ Plan supply, service and dispose of your vehicle Improved Tax efficiency for Business users Road Fund Licence included
Efficient and Hassle free
www.planyourcar.com