The Contract Hire Finance Plan shown is applicable to Business Users Only and subject
to status through Mitsubishi Contract Motoring, Watermoor, Cirencester, Glos. GL7
1LF. Monthly rentals are based on an inital payment, shown above, followed by 35
rentals monthly in arrears. All rentals are subject to VAT and are based on an annual
mileage of 10,000 miles. Excess mileage will be charged for. Full quotations are
available upon request. Indemnities may be required. Offers are only applicable
in the UK (excludes Channel Isles and I.O.M.) and are only available to VAT Registered
Business Users.
Contract Hire is a rental product where the monthly rentals are based on the period
of hire, the annual mileage, the vehicle price and the anticipated future value
of the vehicle. Service and maintenance cover can be introduced. You pay an initial
payment of three or six monthly rentals and this is followed by equal monthly rentals
over the 2 or 3 year period. At the end of the agreement, as long as you have fulfilled
the mileage and condition requirements, you simply return the vehicle to us.
Key benefits of Contract Hire
Lower fixed monthly rentals
Rentals are allowable against tax (restricted on the cars costing more than £12,000)
50% of the VAT can be reclaimed on rentals on cars (the actual percentage may vary)
There’s an optional maintenance package to cover unexpected costs
Cash flow is improved
Administration is minimal
You’re protected against any fall in used vehicle prices
You’re not responsible for disposing of the vehicle
Your vehicle can be changed for a new one every 2 or 3 years
Further information
This is just an outline of the finance products available from Mitsubishi Contract
Motoring. Please ask your local dealer for details on how we can help you.
