Business Vehicle Hire Pricing & Cost Savings
Business vehicle hire is usually more cost-effective than buying outright or committing to a traditional lease – but it’s worth knowing what to check before you sign.
We keep our pricing transparent, with no hidden fees, so the monthly figure you’re quoted is the cost of the vehicle for the term you’ve agreed. Mileage limits are set at the start of the contract, and excess mileage is charged if you go over – so it’s worth being realistic about your business’s typical usage when you choose a plan.
Business accounts with PSD also unlock exclusive benefits and discounted rental rates, and our flexible plans mean you can hire by the day, week, month, or year depending on what suits your business.
For many companies, it’s cheaper to hiring a car through a business. Hire and contract hire avoid the large upfront capital outlay of buying, and VAT-registered businesses can reclaim VAT on vehicles used solely for business purposes. It’s always worth checking the current rules with HMRC or your accountant, as tax treatment depends on your specific circumstances.