Contract Hire

Advantages

  • With a fixed monthly cost, contract hire makes budgeting easy. 
  • Flexible initial payments mean small initial outlay.
  • Low risk as it removes the uncertainty surrounding the future value.
  • If you’re VAT registered you can claim back 50% of the finance element and 100% on the service element.
  • Ability to run brand new vehicles, reducing potential issues and downtime.
  • Reduced fleet administration.

Disadvantages

  • The contract is for a fixed period; it can be expensive to terminate (usually 50% of the remaining rentals).
  • There is no option for the company to own the vehicle.
  • Based on a pre-determined annual mileage, going over mileage will mean you are charged an excess mileage charge. You are however able to change your contract should your circumstances change.
  • You must look after the vehicle and return it in a well maintained condition otherwise you will be charged for any damage over and above that stated in the ‘Fair Wear and Tear Guide’

Contract Hire is a simple and effective way to fund any number of vans. Contracts range from 24 to 60 months and are tailored to your requirements with bespoke initial payments and contracted mileages available.

With small initial rentals and fixed monthly costs, Contract Hire makes budgeting simple.

You have no risk on the residual value at the end of the contract, simply hand the van back and start again. Maintenance and recovery can also be included within the agreement.

Contract Hire is a simple and cost-effective way to fund any number of vehicles, not suitable for businesses that want to own the vehicle or use them in a manner that will cause large amounts of damage.

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Vanaways Reviews

   
Sarah Ward

Sarah Ward

01 September 2025

"We have used Vanaways on two occasions now and the customer service has always been great. I contacted them as our team grew and withing 2 weeks we had the vans in our yard. Quick and efficient service all round. Tyler in the delivery department kept me up to date throughout the process. Would certainly recommend."

Charlie B

Charlie B

28 May 2025

"I recently bought a new Ranger Platinum from Vanaways. I dealt with Chris Baxter who helped make the whole process really straight forward and kept me up to date. I would highly recommend and look forward to further business! Many thanks"

Kimberley Harkins

Kimberley Harkins

30 June 2025

"Very happy with our Vanaways transaction! We needed three new vans quickly for our company and Vanaways didn't disappoint. Hannah and Abbie were on hand every step of the way and provided extremely good prices which suited our business. Customer service is a priority for them and it shows with every phone call and email! When I need a few more, they will be my first port of call. Thankyou guys!"

Ross Adams

Ross Adams

21 August 2025

"These guys are brilliant, in particular Steve-Who Is a massive top geezer, they were helpful from start to finish. Informative, clear, very friendly, and clearly really knowledgeable. They spoke through the process perfectly, I would recommend these guys to anyone!"

David Kenning

David Kenning

16 June 2025

"Great service right from the first contact with Reece, who then passed me onto Ash once initial sale was completed. From making payment delivery was approximately 3 days. Received text from Nathan this morning (16th June) and he was on time with delivery. Really pleased with the service I've received. Many thanks!"

4.8 out of 5 from 468 reviews
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