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info@lease21.co.uk
Lease21 - Car Leasing in ReadingLease21 - Car Leasing in Reading
  • Home
    • About Us
    • Lease21 Team
    • Accident Management
    • Testimonials
    • Careers
    • Request A Quote
    • News
  • Manufacturers
    • Alfa Romeo
    • Audi
    • BMW
    • Citroen
    • Fiat
    • Ford
    • Honda
    • Hyundai
    • Jaguar
    • Kia
    • Land Rover
    • Nissan
    • Mercedes
    • Mini
    • Peugeot
    • Seat
    • Skoda
    • Toyota
    • Vauxhall
    • Volkswagon
    • Volvo
  • Hybrid and Full EV
  • Latest Offers
    • Flexi Rental – 3 Months
    • Flexi Rental – 6 Months
    • Contract Rental – 12 Months
    • Contract Rental – 18 Months
    • Contract Rental – 24 Months
    • Contract Rental – 36 Months
    • Contract Rental – 48 Months
  • Funding Options
    • Finance Lease
    • Lease Hire Purchase
    • Contract Purchase
    • Contract Hire
  • Daily Rentals
  • Contact
    • Request a Call Back
    • Request A Quote
    • Complaint Procedure

Lease21 Contract Hire

Home Lease21 Funding OptionsLease21 Contract Hire

The most popular choice for any VAT registered business no matter how big or small your fleet.

Contract Hire – You hire the vehicle for a set period at an agreed annual mileage. You pay a single fixed payment each month, this includes Road Fund Licence. If required, payments can include all servicing and maintenance including tyres.

Contract periods typically vary between 12 and 48 months, there are no large initial payments to be made, can be as low as one monthly payment. VAT is payable on rentals but is partially or totally reclaimable by VAT registered companies depending on the use of the vehicle.

At the end of the contract you return the vehicle without the worry or cost of disposal

The key benefits of contract hire to you are:

  • All costs are off balance sheet
  • The vehicle is owned by the funder, it does not appear on your company’s balance sheet
  • The removal of capital assets from the balance sheet can improve the your companies gearing (borrowing to asset ratio)
  • Fixed monthly costs
  • A fixed monthly payment is charged for the duration of the contract which allows for accurate budgeting
  • VAT Benefits
  • Contract hire has significant VAT benefits, the funder can claim back the VAT on the purchase price of the vehicle. These benefits are passed onto you. As the user you can claim back 100% of the VAT on the servicing element and 50% of the finance element.
  • Financial Risks
  • The funder takes all the risks involved, the resale value of the vehicle, the maintenance of the vehicle and any change in interest rates
  • Minimal Administration
  • As the funder is supplying, the maintenance and is disposing of the vehicle, your administration is kept to a minimum. Outright Purchase of an existing fleet.
  • Known as “Sale and Lease Back”, the existing fleet is purchased at an agreed price and is leased back to the client. Significant Cash Flow advantages can result from a “Sale and Lease Back” agreement.

Latest Offers

  • VW ID.3 All Electric
    VW ID.3 All Electric VW ID.3 Electric 150KW Life Pro Performance 62KWH 204PS Fully...
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  • Mercedes E220d
    Mercedes E220d Sports Saloon Auto Diesel 36 month contract 8,000 miles PA...
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  • Neil and Jan’s fundraiser for Maggie’s Centres
    Neil and Jan’s fundraiser for Maggie’s Centres Want to join us in supporting a good cause? We...
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  • Fiat 500
    Fiat 500 1.2 Lounge 3 Door Dualogic Automatic Air Conditioning Rear Parking...
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  • VW T-Roc Cabriolet
    VW T-Roc Cabriolet 1.5 TSi R Line Either Manual or DSG Auto 2...
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See What Our Cients Say…

  • We operate a multi-choice fleet of 82 vehicles and the procurement and service provided by Janet Brooks has been invaluable at a time of massive growth. I have no hesitation in recommending Lease21 Ltd as a preferred provider of vehicle Fleet Management.

    B.L.Pratt Director/Company Secretary W.W.Martin (Thanet) Ltd
    Director, W.W.Martin (Thanet) Ltd
  • Brilliant personal service, always contactable, nothing is ever too much trouble. A great relationship thank you Lease21.

    Tricia Woodcock
    Office Services, Wolseley PLC
  • Lease21 Ltd has supplied our vehicles for more than 5 years. Their outstanding service & advice has been invaluable in assisting us develop our business.

    George Cattini
    Group Purchasing Director, Michael J Lonsdale Ltd

Contact Us

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Why Use Lease21?... Because Service is Everything Latest Offers

Vehicle Leasing & Fleet Management

Lease21 provide vehicle leasing and fleet management solutions. Established in 2003, we have since developed a range of products that deliver the very best in value and service. From Daily Rentals, Contract Hire and Contract Purchase right through to Finance Lease, Hire Purchase and Outright Purchase, the Lease21 team can take care of your needs, be they personal or business.

Lease21 Ltd is authorised and regulated by the Financial Conduct Authority – FRN 722831

Lease21 on Twitter

  • Mercedes Saloon C220d AMG Line Auto 12 month contract (payment profile of 3 +11) Payments are per month and exclude…  http://t.co/J3mr2SGU4R 
  • 3 years ago

Follow @Lease21Limited

Latest Offers

  • VW ID.3 All Electric
    VW ID.3 All Electric VW ID.3 Electric 150KW Life Pro Performance 62KWH 204PS Fully...
    Read More
  • Mercedes E220d
    Mercedes E220d Sports Saloon Auto Diesel 36 month contract 8,000 miles PA...
    Read More
  • Neil and Jan’s fundraiser for Maggie’s Centres
    Neil and Jan’s fundraiser for Maggie’s Centres Want to join us in supporting a good cause? We...
    Read More

Get In Touch

  • Neil Aldridge
  • Lease21 Ltd
  • 2 James Lane, Burgfield, Reading, Berkshire, RG30 3RS
  • 01189 833 456
  • info@lease21.co.uk
  • www.lease21.co.uk

© 2021 · Lease21 Ltd. 2 James Lane, Burghfield, Reading, RG30 3RS. Authorised and regulated by the Financial Conduct Authority - FRN 722831

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