To summarize, you choose the vehicle, pay a low initial deposit, pay the monthly fixed rental and you return the vehicle leaving you no worries about what to do with the vehicle at the end of the contract.
Advantage of Contract Hire
Contract hire offers several advantages for businesses looking to lease a vehicle. It provides fixed monthly repayments over a specified period, allowing effective budgeting and financial planning. Also, contract hire requires a low initial rental payment, making it more affordable than outright purchase or other financing options.
For VAT registered businesses, 50% of the VAT on monthly rental payments can be reclaimed, reducing overall leasing costs. Additionally, service and maintenance costs are often included in contract hire agreements, and 100% of the VAT on these expenses can be reclaimed by VAT registered businesses, simplifying cost management.
The payments for contract hire are typically lower than other finance options due to being based on the vehicle's VAT-exclusive price, making it more cost-effective. Moreover, the road fund license, or vehicle tax, is included throughout the contract period, eliminating the need for separate payments and ensuring compliance with legal requirements.
Many contract hire agreements also offer an optional maintenance package, consolidating all running costs into a single monthly payment, providing convenience and eliminating unexpected expenses.
Lastly, with contract hire, there is no concern about the future value of the vehicle, as it is simply returned to the leasing company at the end of the contract, removing the risk of depreciation and market fluctuations in the used car market.
The All-New 2023 Amarok Contract hire offer
Discover the 2023 Volkswagen Amarok contract hire offers. Find the right model for you at the right price below.
The Amarok Life Lease offer : Available for £4,107 (plus VAT) initial rental and £456 (plus VAT) a month on a 48 month contract, with 10,000 annual mileage.
The Amarok style Lease offer: Available for £5,115 (plus VAT) initial rental and £568 (plus VAT) a month on a 48 month contract, with 10,000 annual mileage and 0% APR.
The Amarok PanAmericana Lease offer: Available for £5,754 (plus VAT) initial rental and £639 (plus VAT) a month on a 48 month contract, with 10,000 annual mileage.
The Amarok Adventura Lease offer: Available for £5,819 (plus VAT) initial rental and £647 (plus VAT) a month on a 48 month contract, with 10,000 annual mileage.
Don’t miss out on these exclusive Volkswagen Amarok 2023 leases and find your next Volkswagen contract hire today.
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