Contract Hire through AMI Vehicle Leasing remains as one of the most efficient ways of funding your fleet. We provide a vehicle of your choice for an agreed time period and mileage with a fixed monthly rental for the contract term. All costs are fixed within the contract terms, allowing you to budget effectively.
Contract hire is a finance solution available to VAT registered sole traders, partnerships and limited companies. These organisations can claim back 50% of the VAT on the finance element. It also allows the company to concentrate on their core business activities, while avoiding the financial risk and administrative burden of owning their vehicle fleet. AMI Vehicle Leasing are liable for the residual value risk.
Your company hires a vehicle from us for a specified period of time and makes regular fixed monthly payments. AMI Vehicle Leasing retains the ownership of the vehicle and is responsible for the associated risks including the residual value. We will handle the administration from sourcing your vehicle to its disposal at the end of the term. At the end of the contract period, the vehicle is returned or collected by AMI.