Business Car Leasing & Contract Hire Deals

Business Car Leasing & Contract Hire Deals

Discover business car leasing

Business leasing with Dick Lovett

At Dick Lovett, we understand that every business has different requirements, and we strive to offer flexible leasing solutions that cater to your specific needs.

Business car leasing - also known as ‘business contract hire’ (BCH) - works in a similar way to personal contract hire (PCH). With this type of car finance, you pay fixed monthly rentals that can also include servicing and maintenance for the period you will be leasing the car.

Business leasing is a cost-effective way for sole traders, partnerships, and limited companies to finance a single car or a small fleet. Better still, VAT-registered companies can claim back 100% of the VAT if the vehicle is used solely for business purposes (or up to 50% if the vehicle is used for both business, and private purposes).

At the end of the agreement, you simply return the car with no additional payments, provided that the mileage is still within the agreed limit and the car is in good condition.  

In addition to being Corporate Certified for BMW and MINI, we offer business lease deals and offers on a variety of top automotive brands, including Porsche, Aston Martin, Jaguar, and Land Rover. If you are looking for a reliable and adaptable business car leasing solution, contact Dick Lovett today and let us help you find a leasing package for your business needs.

Car lease deals from Dick Lovett

How to choose a business contract hire deal

When selecting a car lease deal, finding a contract that aligns with your business needs is essential.

You will need to decide how much you can afford to pay for a vehicle, or fleet per month and which car or cars suit your business. If you are travelling a lot of miles, you will want something that is fuel-efficient or capable of covering long distances on a single charge such as the BMW iX3, which has a range of up to 285 miles*. 

How many miles you expect to cover per annum should be considered. It is important to accurately assess how much you will travel in your lease vehicle to avoid additional mileage fees at the end of the term. A typical business lease contract allows for between 6,000 and 20,000 miles per annum.

You can also choose to include maintenance in your agreement to help spread the cost of servicing, replacement tyres and other repair costs - the VAT on this is 100% reclaimable (for VAT-registered businesses). 

At Dick Lovett, our expert Corporate team can help you assess your needs and find the ideal business car lease deal for your specific requirements. Contact us today to learn more. 

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The benefits of Business Contact Hire: 

  • Low initial rental and fixed rentals for the agreement term 
  • Flexible contract duration and mileage terms 
  • Maintenance and servicing can be included in the monthly rental 
  • No worries about depreciation or disposal at the end of the agreement 
  • Monthly rentals are offset against your annual corporation tax or self-assessment tax return 
  • VAT-registered companies can claim back up to 100% of the VAT back 
  • 100% of the VAT can be claimed back on maintenance costs 

Frequently asked questions

Your questions about Business Leasing, answered 

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*These figures were obtained after the battery had been fully charged. There is a new test for fuel consumption, CO2, and electric range figures. The electric range shown was achieved using the new test procedure. Figures shown are for comparability purposes. Only compare fuel consumption, CO2 and electric range figures with other cars tested to the same technical procedures. These figures may not reflect real life driving results, which will depend upon a number of factors including the starting charge of the battery, accessories fitted (post-registration), variations in weather, driving styles and vehicle load.