Introducing our revolutionary service - compare multiple quotes for business leasing, contract hire, and company cars from the most competitive dealers and leasing providers.

Our free, independent and no-obligation service helps you to find and compare the cheapest deals available for your business car leasing and contract hire requirements. [explain more]

You could save hundreds of £££ - that's what makes our free service smarter.

No-obligation business car leasing quotes

  :: Choose a vehicle manufacturer below
  :: Fill in the quick, easy quote BCH form
  :: Compare up to 5 competitive leasing quotes!

Our service is totally free, independent, and we don't even take any commission!

Business Contract Hire (BCH)

Business Contract Hire or Business Car Leasing is undoubtedly one of the most popular finance options when cars are looking to be taken on by a business. The reason Business Contract Hire is so popular is down to its hassle free, balance sheet friendly, cash flow positive factors, without any concern in regard to depreciation and disposal.

Over 45% of business vehicles are funded through the Business Contract Hire Option.

How BCH Works

• Select the make and model of the vehicle you require and then specify how long you want it for (typical contracts last for three years) and the mileage restrictions per annum. At requirement stage it is also important that you decide whether or not to have the vehicle on a maintained* contract or un-maintained contract.

• The monthly price is calculated through subtracting the vehicle purchase price from the residual price (end of contact price) and then dividing by the number of months it is to be taken for. Obviously finance costs and maintenance costs (when selected) will be factored into the sum when the division takes place.

• At the end of the contract the vehicle is simply handed back to the finance company. If any damage has been incurred or any excess mileage* then financial implications will enforced by the finance company.

• At the start of the contract the provider will agree an excess mileage figure i.e. 5p per excess mile over the agreed amount.

Cash Flow Benefits of Business Contract Hire

• Set monthly payments.

• Monthly payments for Business Contract Hire are lower than monthly payments for Hire Purchase.

• Finance Providers buy in bulk from manufacturers so huge savings can be made on the purchase of the vehicle which can be passed onto the customer. Meaning that monthly payments can benefit through discounted purchase price.

• It only takes three up front payments and the remaining monthly payments to secure the selected vehicle for the time agreed. Leaving capital in the bank.

Control

• Rentals are fixed so expenditure is known in advance, giving excellent financial control.

• Maintained contracts allow for the vehicles to be fully covered allowing the fleet to be under full control.

• Due to the nature of Business Contract Hire depreciation or disposal is not an issue thus leaving you in control of the outcome.

Tax Benefits of Business Contract Hire

• With Business Leasing the vehicle(s) are off the balance sheet, which many businesses consider an advantage.

• Business Contract Hire is VAT efficient, with all of the VAT on the service element being reclaimable and 50% is reclaimable on the finance element. Commercial vehicles can reclaim 100%. (please confirm what is specifically reclaimable through professional advisors)

Tax Benefits

Askaprice can take care of all your business car leasing needs by enabling companies and fleet managers to request multiple quotes for new cars and commercial vehicles, saving time, money and effort.

*Servicing and tyres