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Aquakleen Restoration Services

  • Posts: 1083
Contract hire of finance lease?
« 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

richy27

Re: Contract hire of finance lease?
« Reply #1 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