Contract Hire Agreements Advice

Contract Hire Agreements Advice - Welcome to our new service offer, cost down on current LGV vehicle Leasing & Contract Hire Agreements advice. This is not a refinancing deal or anything like that. During our work with some of the biggest transport companies we have discovered a loop hole in many leasing & contract hire agreements, that clients are not aware of, and they have been paying more for their monthly charges that they should have.

Using our contracts hire agreements advice one of our clients has just had £89,000 rebated to them from their leasing company. Without our knowledge and involvement this would never have happened.

We can do this for your business.

Contract Hire Agreements Advice: Saving Cost on Current Vehicle Leasing and

If you can answer yes to most of these questions we will more than likely be able to help you reduce your monthly leasing or contract hire charges.

Have you signed a 3 or 5 year or more Lease / Contract Hire agreements ?
Did the agreements come into force before or during 1999?
Where the vehicles new or ex-demo?
Does the monthly lease / contract hire charges include full maintenance, road fund licence costs, full breakdown cover, tyres replacement & repairs & exhausts systems, or are just some of these are included?
Has the lease / contract hire agreements been extended past the completion date, and was the start date of the agreements before or during 1999?
Is the same agreements still in place today, and are you still paying the monthly charges as set-out in the payments schedule in the agreements ?

If you can answer yes to most of the above questions we will be able to help you reduce your monthly charges significantly.

Contact us now for contract hire agreements advice.

Information Questions and Answers sheet about Contract Hire Agreements:-

1. Who benefits if I do less miles that I'm contracted for?

Contract Hire.................	Finance Co
Finance Lease..............	Lessee
Contract Purchase.......	Lessee
PCP.................................	Lessee
Lease Purchase...........	Lessee
Hire Purchase...............	n/a
Personal Lease............	Finance Co
Outright Purchase........	n/a

2. What happens if I do more miles that I'm Contracted for?

Contract Hire.................	Excess Charge
Finance Lease..............	n/a
Contract Purchase.......	Excess Charge
PCP.................................	n/a
Lease Purchase...........	n/a
Hire Purchase...............	Excess Charge
Personal Lease............	Excess Charge
Outright Purchase........	n/a

3. Who owns the vehicle at the end of the agreement?

Contract Hire.................	Finance Co.
Finance Lease..............	Finance Co.
Contract Purchase.......	Optional
PCP.................................	Optional
Lease Purchase...........	Lessee
Hire Purchase...............	n/a
Personal Lease............	Finance Co.
Outright Purchase........	n/a

4. Who insures the Vehicle?

Contract Hire.................	Lessee
Finance Lease..............	Lessee
Contract Purchase.......	Lessee
PCP.................................	Lessee
Lease Purchase...........	Lessee
Hire Purchase...............	Lessee
Personal Lease............	Lessee
Outright Purchase........	Lessee

5. What lengths of contracts are available?

Contract Hire.................	12 /48 months
Finance Lease..............	12 /48 months
Contract Purchase.......	12 /48 months
PCP.................................	12 /48 months
Lease Purchase...........	12 /48 months
Hire Purchase...............	12 /48 months
Personal Lease............	12 /48 months
Outright Purchase........	n/a

6. Who pays the road tax?
The first year will normally be included within the price. If you have a maintenance agreement it will be included for the period of the agreement.

7. Who services the Vehicle?
Maintenance of the vehicle is your responsibility, unless you have a maintenance agreement. If you have a maintenance agreement make sure that you have the vehicle service at the required intervals other wise you could void the agreement.

8. What is "fair wear and tear"?
The exact definition will vary from finance company to finance company. It normally means reasonable wear and tear consistent with the age and mileage of the vehicle. It will certainly exclude all damage both to the exterior and interior.

Supply Chain Logistics Consulting Ltd - The Chimes, 1 Park Rd, Congleton, Cheshire. CW12-1DS -01260-276469

Mobile 0777-1973782

For more information please Email Us @:-

info@supplychainlogistics-consulting.co.uk

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