European Contract Hire & Operating Lease

UK Leasing

In the UK a full service and maintained contracts for car contact hire is the most popular choice for company car fleets, more so than ever before. This type of contact agreement offers full control over the maintenance costs and allows for simple budgeting and is very tax efficient.

Irish Vehicle Leasing

An operating lease (contract hire) in Ireland should be more popular for van leasing than it currently is, as the VAT on the finance element of a contract is fully claimable, unlike car leasing were the VAT is non-refundable. However, the VAT charged on the maintenance element for cars and vans is fully reclaimable and fleet managers should be taking advantage of this when making fleet policy decisions.

This entry was posted on Saturday, March 15th, 2008 at 9:30 am and is filed under A Guide to Car Leasing & Car Contract Hire. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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