Budgeting certainty with service flexibility

Contract Hire from GE Capital is an operational solution that delivers specialist expertise in acquiring, maintaining and ultimately disposing of your vehicles.

A fixed monthly amount covers agreed time and mileage limits - allowing you to budget with complete certainty whilst avoiding the risks inherent in ownership. At the end of the agreement, the vehicle is returned and any risk on the vehicle’s disposal is borne by GE Capital.

The built-in benefits of contract hire:

• Fixed monthly payments allow accurate budgeting and forward planning
• Off-balance-sheet borrowing improves key financial measurements
• Minimal capital outlay reduces impact on cash flow
• All depreciation risk is eliminated
• Financial risk on vehicle resale is with GE Capital
• 50% of the VAT on the capital element of the lease rental can be recovered along with 100% of the VAT on the service element of the lease rental - delivering a financial benefit over outright purchase
• Interest rates are fixed throughout the period of hire
• Management reporting and proactive fleet consultancy
• Reduced costs of fleet administration
• GE Capital purchasing leverage

Most of GE Capital’s fleet contract hire arrangements are also accompanied by a maintenance package that provides cover for servicing, mechanical repairs, tyres, batteries and exhausts.

For further information please email [email protected].

For business use only.