 | | | The basic idea of Contract Hire |
Typically over 3-5 years, a Contract Hire agreement with Mercedes-Benz CharterWay requires no capital investment and the vehicle is off balance sheet. Throughout the life of the arrangement you know in advance precisely what your outgoings will be on a month-by-month basis. There are no hidden surprises or cash flow-disrupting peaks and troughs, which is good for the budgeting process.
The following items are typically included:
• An Operating Lease
• All scheduled maintenance
• All necessary repairs – including brake pads and clutches
• 24 hour Roadside Assistance 365 days a year for the duration of the contract
In addition it can also cover:
• Road Fund Licence
• Replacement vehicle in the event of vehicle breakdown
• Tyres
• Maintenance for ancillary equipment such as cranes, fridges and tail lifts
• Collection & delivery for scheduled maintenance
• Out of hours servicing
• Windscreens
• Fixed penalty administration
To find out more about how Contract Hire and Fleet Management can benefit you and your business, please call 0870 240 3135 or contact your local dealer.
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