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UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: Aquakleen Restoration Services on March 05, 2010, 03:41:04 pm

Title: Contract hire of finance lease?
Post by: Aquakleen Restoration Services on March 05, 2010, 03:41:04 pm

Hi all,

My VW Transporter lease runs out at end of March so am looking to downscale my vehicle to something a lot smaller.

My question is what do you think I should go for contract hire or finance lease? What are the pros and cons of both do you think?

I await your responses with baited breath!!

TIA
John

Title: Re: Contract hire of finance lease?
Post by: richy27 on March 05, 2010, 04:45:17 pm

contract hire you obviously dont own the vehicle so you cant use the value depreciation against tax also correct me if i am wrong but i believe you get 100% ax relief on new vehicle purchases at the moment.

Saw a good deal today hendy motor group  new transit swb   12995 plus vat or 10995 plus vat with the scrpage scheme