What is business contract hire?

What is business contract hire?

Contract hire is a form of car leasing for businesses.  It is an ‘operational lease’ that allows a business to lease a company car by simply making a fixed monthly payment for a period that is typically between 2 and 4 years.   At the end of the lease contract, the business returns the old company car and obtains a new car and lease contract.

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What are the benefits of business contract hire?

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