Contract Hire
What Is Contract Hire?
Contract hire is a popular and cost-effective vehicle leasing option that allows you to drive a brand-new van without the burden of ownership. It’s ideal for businesses and sole traders looking for fixed monthly costs, minimal upfront payments, and hassle-free vehicle management.
With a contract hire agreement from Vanzone, you simply pay a deposit (often equal to just one month’s rental) and agree to a fixed contract term—usually between 24 and 60 months. At the end of the agreement, you return the van to the funder, with no obligation to buy.
Contract hire is a smart way to stay mobile while keeping your business costs predictable and your van fleet up-to-date.
The Advantages of Contract Hire Vans with Vanzone
At Vanzone, we know that choosing the right van finance option can make a huge difference to your business. Contract hire is one of the most popular and cost-effective ways to run a van fleet or secure a single work vehicle. Here’s why contract hire might be the perfect solution for you:
✅ Fixed Monthly Costs
Contract hire offers predictable monthly payments throughout the agreement. This fixed-rate structure makes budgeting and cash flow management much simpler for businesses.
✅ No Depreciation Risk
With contract hire, the vehicle remains the property of the funder. That means you won’t suffer the financial hit of depreciation or have to worry about resale values at the end of the term.
✅ Up to 100% Tax Deductible
If the van is used solely for business, you can claim up to 100% of your rental payments as a tax-deductible expense. That’s a smart way to save money while keeping your fleet up-to-date.
✅ Optional Maintenance Packages
At Vanzone, you can choose to include servicing and maintenance in your monthly rental, helping reduce unexpected costs and minimise downtime.
The Disadvantages of Contract Hire
While contract hire is a great fit for many, there are a few things to consider:
⚠️ Mileage Restrictions
Most agreements come with a pre-agreed mileage limit. If you exceed this, additional charges apply, so it’s important to choose a realistic allowance upfront.
⚠️ Early Termination Fees
Contract hire is a long-term commitment. If you need to exit early, you may face significant cancellation costs.
⚠️ No Option to Buy
With contract hire, you’ll never own the vehicle—so it’s not ideal for those looking to build assets.
⚠️ Charges for Damage
Vehicles must be returned in line with the BVRLA Fair Wear and Tear guidelines. Damage beyond reasonable use will result in extra charges.
Is Van Contract Hire Right for You?
If you're looking for flexible, low-risk van finance, contract hire might be the best choice. Speak to the experts at Vanzone today to find the best contract hire van deals tailored to your business needs. We make van leasing simple, affordable, and fully supported from start to finish.
Call Vanzone now or browse our latest offers online!
Thinking About Contract Hire? We’ll help you compare options and get the perfect deal
What our customers say...
Excellent service for getting our first van for our retail business. I was bewildered by the world of business vehicle finance and Simon was kind enough to invite me to their office and explain it to me. This advice was invaluable.
The finance process was simple and communication throughout was brilliant.
The van was delivered to our place of business within 2 weeks, in impeccable condition. Very happy with it.
I would highly recommend Vanzone!
I got a finance lease through Vanzone. It was a great experience from start to finish. Jon helped me spec the van and from when I ordered it, the delivery was within 2 weeks.
I took my time selecting a vehicle and found Vanzone patient and not pushy at all. Would recommend so far based on the sales process, van arrived as expected.
Great experience with Vanzone. I found the van I was looking for on their website. They quickly confirmed that it was available and sorted all the required paperwork for the sale. I was contacted by John who was very professional, helpful, and easy to deal with. Van arrived on the scheduled delivery date. Process was easy and smooth. Service was that good I recommended to a friend who has since purchased a van from Vanzone.
