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Is there a price difference between Business & Personal Contract Hire rates?

April 26, 2017Business contract hire price rates

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10 Posted

Is there a price difference between Business & Personal Contract Hire rates?

3 Answers

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The difference in pricing between Business & Personal Contract Hire is that Business Contract Hire rates are displayed exclusive of VAT and Personal Contract Hire rates are shown inclusive of VAT.

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In the majority cases there is no difference in pricing between Business & Personal Contract Hire. There are however a few exceptions where the most competitive rate on a certain vehicle will be with a finance company that only underwrite Business Contracts. In this instance, the best Personal rate will be offered with another finance company. All of our Business Contract Hire rates are displayed exclusive of VAT and all of our Personal Contract Hire rates are shown inclusive of VAT.

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With AMD Leasing Ltd there is usually no difference in pricing between Business & Personal Contract Hire although certain lenders do charge slightly more for Personal Contract Hire for some inexplicable reason. All of our Business Contract Hire rates are displayed exclusive of VAT and all of our Personal Contract Hire rates are shown inclusive of VAT.