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Renault Finance

Contract hire

Renault Contract Hire

Who is contract hire for?

Contract Hire is an ideal product for companies who don't want the financial risk of running their own car and van fleets, and who want to reduce the administrative load of buying, servicing and disposing of their company vehicles.

Advanced rental

Step 1.

You pay the advanced rental ranging from 3 to 12 months upfront.

Balance to fund

Step 2.

Fixed monthly rental for the duration of your contract.

At the end

Step 3.

At the end of your agreement you simply return the vehicle back to us.*

The benefits of Renault Contract Hire:

  • Road fund licence included.
  • Flexibility to increase your contract term and mileage.
  • Optional servicing, maintenance and tyre options bring all running costs into one package.
  • The reduced VAT paid by the business, as monthly vehicle payments.
  • can be offset against taxable profits.
  • Vehicles on Contract Hire are classified as ‘off-balance sheet’ and therefore has accounting benefits by improving the financial ratios for the business.
  • VAT registered businesses are able to claim 100% of the VAT back if the vehicle is used exclusively for business.
  • If vehicle used privately, 50% of the VAT can be reclaimed on the finance of the rental.

I'd like to

Renault Finance

Including maintenance with your Contract Hire agreement makes perfect business sense.

Maintenance and Servicing

Renault Finance

Our range of insurance products to complement your finance.

Renault Insurance