Funding Options
Contract Hire
Network purchase the vehicle of your choice after agreeing on the term, annual mileage and monthly rental..
On termination of the contract, you simply return the vehicle to Network and assuming the contracted mileage has not been exceeded and all accidental damage has been satisfactorily repaired you have no further involvement.
Services Included:
- * Free sourcing and delivery of your vehicles
- * Road Fund Licence for the duration of the contract
- * Free collection of your vehicle at the end of the contract
Additional services which can be included:
- * All routine servicing and tyre replacement
- * Replacement vehicle provided in the event of an accident or mechanical breakdown.
- * Full membership of a motoring programme including Home Start, Road Side Assistance, Relay, Relay Plus and European Cover.
- * Motor Insurance, individual or fleet cover available
- * GAP insurance up to a maximum of £5,000
Your only responsibilities:
- * Choosing the vehicle
- * Choosing the service options
- * Paying for fuel, oil and insurance
The Benefits:
- * Fixed monthly rental contract for accurate budgeting and cash flow
- * Minimum initial expenditure, typically three months in advance
- * Routine servicing and maintenance costs con be covered
- * Rentals allowable against tax
The Disadvantage:
As a fixed term contract, it is designed to run for a specific period of time and can therefore carry some penalty of terminated early.
