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contract hire
Contract Hire is a product for businesses or private individuals who don't want the financial risk of running their own car and vans, and who want to reduce the administrative load of buying, servicing and disposing of their vehicle.
the benefits of contract hire
- Road fund licence included.
- Optional servicing, maintenance and tyre options bring all running costs into one package.
For business users
- The reduced VAT paid by the business, as monthly vehicle payments can be offset against taxable profits*.
- VAT registered businesses are able to claim 100% of the VAT back if the vehicle is used exclusively for business*.
- If vehicle used privately, 50% of the VAT can be reclaimed on the finance of the rental*.
*subject to status
lease your vehicle long term
With Contract Hire, you make a fixed monthly rental and stay fully in control of your budget. You choose your annual mileage according to your driving habits and enjoy a tailor-made allowance.
Step 1 - Advanced rental. You pay the advanced rental ranging from 3 to 12 months upfront.
Step 2 - Balance to fund. Fixed monthly rentals for the duration of your contract.
Step 3 - At the end. At the end of your agreement you simply return the vehicle back to us (excess mileage and damage charges may apply).
Renault contract hire in detail
Learn all about Renault Contract Hire
| Renault financing body | Mobilize Financial Services |
|---|---|
| length of contract | 2-5 years |
| mileage | up to 25k per annum |
| advance rental | as required |
| acceptance fees | none |
| monthly rental | fixed |
| early termination | only possible from 12 months with fees |
| vehicle warranty | 3 year manufacturer warranty included |
| ownership option | no |
how to sign up
sign up for contract hire at your retailer
Contact your nearest retailer. Your salesperson will work with you to create a customised solution to meet your specific needs (duration, mileage, services), so you can make an informed decision.
frequently asked questions
With Contract Hire, you lease your new Renault vehicle for a set duration. You choose your annual mileage based on your driving habits. You return your car at the end of your lease*, without having to worry about depreciation (excess mileage and damage charges may apply).
*subject to the British Vehicle Rental & Leasing Association (BVRLA) Fair Wear & Tear guidelines.
With PCP you have the option of either owning the vehicle at the end of your agreement, financing a new vehicle or handing the vehicle back. With HP you will own the vehicle at the end of your agreement. Contract Hire you lease the vehicle for the duration with no ownerships options.
contract hire for your new vehicle
are you looking for a used Renault vehicle?
Contract Hire is also available for used Renault vehicles. Visit our website for Renault USED CARS.
Application subject to review and approval by the lender Diac S.A., acting under the trademark Renault Financial Services, with a capital of €415,100,500 - Head office: 14, avenue du Pavé Neuf - 93168 Noisy-le-Grand Cedex - SIREN 702 002 221 Bobigny Trade and Companies Register- No. ORIAS: 07 004 966 (www.orias.fr). You have a statutory cooling-off period. Offers reserved for individuals and available for new Renault vehicles at participating dealerships.
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