Need a car for your business? If you don’t have the cash to buy outright, business car hire could be the ideal solution for you – and PSD is here to help. 

How does a business contract hire car work?

Our business car hire service is very straightforward. Choose a car (or a fleet of cars) that suits your needs, pay a small deposit, and drive away the same day. You will be charged a fixed yet affordable monthly fee for use of the vehicle and, when the hire term comes to end, simply return the vehicle to us.

fleet of cars for business car hire

How much does it cost?

The cost of the monthly fee varies and is dependent on the type of vehicle you choose, its initial purchase price, and the mileage you intend to cover during the lease period. For business car hire, we usually require three monthly payments upfront as a deposit. You can also choose to pay a little extra and we will handle all vehicle maintenance – including services and repairs – on your behalf.

Business contract hire cars are available for 6-12 months or more. Simply tell us about your business requirements and we can tailor the contract to meet your specific needs.

What are the benefits of a business contract hire car?

Business contract hire cars are a cost-effective solution. Compared to the expense of buying your own car, it can save your company a lot of money – and you don’t have to worry about the depreciating value of the vehicle. Common hassles associated with private ownership can be avoided and you’re free to invest capital in other, more important aspects of the business.

It’s also important to note, a business contract hire car does not need to be included on your business balance sheet – improving your liquidity ratio and return on assets. VAT registered companies can also reclaim VAT on any vehicles that are used for business use only.

A further benefit of business car hire is flexibility. There’s a wide range of vehicles and contract lengths to choose from. If your needs change, you can respond quickly and easily. Leasing a car is also an easy way to meet legal standards. It gives you peace of mind that staff are driving a safe, fully-equipped car and all of our vehicles comply with corporate social responsibility guidelines.

business man driving away in business car hire vehicle from PSD

Why choose PSD for business car hire?

Here at PSD, our business contract hire service is professional and reliable. We may be a small company, but we go the distance for our customers – and, whether you’re a small start-up or large corporation, we do everything we can to meet your business needs. So why not get in touch today? Either call us on 01744 649 889 or fill out our online contact form and we’ll get back to you.