Carrier Contract Hire Could Provide Answer!

What would you call a fish without an eye?”Fsh” obviously.What would you call an aircraft carrier without any aircraft?  HMS (as in Huge Meaningless Ship) Pointless!  The MoD is taking its fair share of the pain following the recent defence review.  It’s been confirmed that defence spending is to be cut by 8% in real terms, HMS Ark Royal will be decommissioned and the UK’s Harrier jump jets and Nimrod maritime patrol aircraft will be axed.  We’ll be left with 7,000 fewer soldiers and less tanks and heavy artillery. The total number of frigates and destroyers drops from 23 to 19 by 2020, by which time we should also have at least some planes to fly from the new aircraft carriers being built.

Clearly, if as many MPs claim this was an exercise in cost cutting rather than meeting strategic needs, the government missed a trick by not considering contract hire for our armed forces.The advantages are obvious!You could afford a brand new tank, jet or frigate every three years and just like bmw contract hire ,newer tanks also feature the latest technologies, making them safer and more fuel efficient. Not only does this mean that you can afford a more desirable armoured fighting vehicle, but you also save on fuel, repairs and maintenance. Plus new jets are covered by the manufacturer’s warranty so there is less to worry about!

Arrangements similar to Audi car leasing for example also result in lower payments than getting a loan, so no need to re-christen “HMS Ocean” “HMS Ocean Finance”!Payments on a contract hire vehicle are significantly lower than repayments on a loan because you’re not shelling out for the entire cost of the Challenger MBT, you are just paying for the use of it!Above all, contract hire allows you to drive the dream.  Leasing often means that you can afford to drive a car that might otherwise be beyond your budget if you wanted to purchase it outright, so maybe those F35 Joint Strike Fighters could be made available quicker after all!

Brilliant gadgets for the car

Car gadgets are becoming increasingly more popular. The most popular can be fitted and unfitted easily which is especially important when you’ve got a car contract hire. Listed are the gadgets that I think are the best.

The LED car signal.
Funny for when you want to annoy people on the roads, put whatever message you want on there and it just keeps repeating. Change it to whatever you want making everyday a bit more exciting if you have to drive around for a living.

Econav
Doesn’t compete with the main rival tom-tom but it’s great for everyone who loves to be environmentally friendly as ot chooses the most fuel-efficient route to take.

Safe to keep your valuables in the car.
Perfect to hold the other gadgets on the list. Great idea but what happens if your whole car gets stolen?

An in car alcohol breath tester.
It’s great to see if you have gone over the limit or to just have a bit of a laugh when your out not in your car to see how many units you have had. Not sure that having it in the car is the best message to put out, but there you go.

More money gone to Dad
There is no way I can afford lessons but still my dad moans for having to take me everywhere I go, simple answer is buy me lessons! This will leave me even more short in cash as each journey is recorded just like a proper taxi. Brilliant for dad’s not so brilliant for everyone else.

A fan to keep you cool.
A useful thing to have in the car if you dont have air conditioning. Great in the summer when the heat gets too much for a car without air-con.99 you can’t really go wrong.

A speed camera alert gadget.
These are perfect for the speedy motorist. You have enough time to slow downl, a simply brilliant gadget. There is still a danger of not knowing where abouts the local police will be parked up!

Tom-Tom, it speaks for itself
Easily the best gadget out there. It will stop all the arguments about where to go as well as being able to have hundreds of celebrity voices.

As all of these gadgets can be moved then if you are planning to be constantly switching cars there is no extra worry. Car contract hire is a brilliant idea and you can carry the gadgets from perhaps a Punto all the way to as top of the range Audi with a Audi contract hire.

Starting A Business? Try Contract Hire For Your Fleet

Starting a business is a precarious endeavour, requiring initial heavy investment, long days trying to get the business off the ground and a lot of patience. Dependent on the nature of your business one of the most expensive initial outgoings is probably going to be vehicles, especially if you require a fleet of light commercial vehicles. Finding space in the budget for hundreds of thousands of pounds is a very frightening prospect before your balance sheet even shows much in the way of income, let alone profit. There are definite solutions available that can help alleviate a considerable amount of this initial pressure and supply you, the business owner, with a viable and cost-effective solution; contract hire.

Contract Hire allows you to be more in control of your initial outgoings by providing you with all the vehicles you need on a pay monthly scheme. Like finance from a dealership, you will be able to work through which payment plan is likely to suit your accounts best. By correctly forecasting your monthly income, you should be able to set up a workable finance scheme that will allow you to start seeing immediate profitability from the scheme.

Days Contract Hire have been providing such business solutions for many years now and have built up an enviable reputation in the industry as a trustworthy, family-run business. They are backed by an independent but financially solvent company, which will ensure that your investment is safe in these economically shakey times providing you with the peace of mind that other establishments couldn't offer you. They offer a series of you a convenient selection of finance options including Contract Hire, Lease Purchase, Rental and Personal Contract Hire. Whatever your needs regarding fleet contract hire, Days Contract Hire are a great choice.

When you arrange a contract lease with Days Contract Hire, you are assigned a personal Account Executive, who will deal directly with you every time you need to contact them. This dispenses with lengthy phone discussions, as your account manager will know all about your requirements already.

Contact Days Contract Hire for more information.

Contract Hire Explained

Car leasing, personal contract purchase, contract hire, lease purchase and car loans are all different ways to finance the cost of cars and vans. The variety of vehicle financing options available today can be confusing so I thought I would focus on ‘contract hire’ and explain how this technique works.

Leasing a car basically takes care of one of the biggest financial issues associated with acquiring a new vehicle which is depreciation. The value of your brand new car falls through the floor, even before you have driven away from your supplier.

When you take out a car lease the residual value of your selected vehicle is calculated. The is the estimated value of the vehicle at the end of the agreed lease period based on the anticipated mileage during this time. This calculated residual value is then deducted from the manufacturers retail price and the remaining sum is divided up into monthly payments that you will pay over the lease period. So the higher the residual value in comparison with the current value, the less you will be paying each month.

Contract hire is a vehicle financing method that has maximum benefit for customers who are registered for VAT, so it is most suitable for businesses and the self-employed. If your vehicle is used exclusively for business purposes you can reclaim 100% of the VAT. Even if your car or van is used for some personal use you can still reclaim 50% of the VAT.

In a contract hire agreement you actually hire the vehicle for an agreed period, usually for between 12 and 60 months during which time a fixed rental is paid, based upon the mileage. You will return the vehicle to your supplier at the end of your contract hire period, much the same as a car leasing contract. You will not be surprised by any unforeseen disposal or depreciation costs.

Contract hire will generally include full vehicle maintenance which can optionally include routine servicing and even replacement tyres. Up to 100% of the rental charges can be offset against taxable profits and minimal capital outlay is required.

It’s no surprise that contract hire is the favoured vehicle financing option for many businesses and self-employed people.

For cheap car leasing I recommend Nationwide Vehicle Contracts.

Leasing a car could save you money

So you want to start looking for a new car but can’t seem to make your finances stretch far enough? Or perhaps you’ve already seen the car of your dreams, but know there’s no way you’ll ever be able to afford it. You’re not alone – the motoring industry has been hit hardest of all by the credit crunch and sales have reached an all time low. It seems no one can afford to think about getting a new car right now.

But don’t let that put you off – there is still another option. There is another way you could still get the car of your choice, and you wouldn’t even have to pay upfront for it. Car contract hire or leasing agreements are a great way to choose the exact car you want and you only have to pay one manageable monthly fee.  

I know what you’re thinking, there has to be a catch, right? Well, in fact, no there’s really not. Sure you have to sign a contract but you get to choose from whichever car you want, even those that would normally be out of your price range. In fact, the more popular and desirable the car is, the better deals you can get. It’s not like buying a new car where the value decreases with time, most contract hire agreements are based on your projected usage so they take wear and tear into account and when the contract ends you can trade it in for a newer model.

Choosing contract hire will usually also help with the running cost of having a car – often the road tax and servicing costs are thrown in to the monthly instalments so you won’t find yourself suddenly landed with huge repair bills. And being able to trade the car in every couple of years means you’ll always have the latest model so it’s less likely to break down.

Basically, it’s a really beneficial and financially viable way of getting a new car without the worries of buying outright – it really makes sense, especially now when times are hard. And who knows, you might even get that dream car after all!

Why you might be better off not owning a car at the moment

Over the last few of weeks the UK has been hit with some of the most extreme weather we’ve seen in ages. The first week of February saw the heaviest snowfall we’ve seen for 18 years, causing hundreds of schools to close and leaving over 6 million people unable to get to work. Most public transport was disrupted or cancelled and roads were deemed unsafe due to the icy conditions.

The continuing bad weather is a real worry for drivers, with an increased risk of accidents on the icy roads as well as further problems caused by the extreme conditions. There have been a number of incidents of sudden heavy snowfall trapping drivers in their cars and causing them to have to be dug out, while in other parts of the country the melting snow has been replaced with heavy rains and severe flood warnings have been issued.

All this is bad news for car owners, not only because of the heightened personal risk of driving on the roads, but also because a damaged car can be a costly business. With the recession affecting us all, most people really couldn’t afford to splash out on a new car if something happened to theirs. And that is the real problem with owning a car. It’s brilliant until something goes wrong, but then it can suddenly become horribly expensive. You might think it won’t happen to you, that you’re a careful, safe driver who won’t get into that sort of situation. But as the last few weeks have proved, you can’t predict what will happen on the roads, and there’s nothing you can do to prevent it.

The problem is that once your car has been paid for, it then becomes entirely your responsibility. Then the older the car gets the more likely it is to go wrong, especially in extreme weather conditions, and the more it will cost you when it does. And even when you get it fixed, a car only ever decreases in value over time so it still won’t be worth half what you paid for it.

The people who manage to avoid these worries are those who opt for a car contract hire deal instead of buying a car outright. It doesn’t mean the car’s not yours, it just means that you pay for it in regular monthly instalments and often you get additional benefits thrown in like road tax and servicing costs. So if something did happen, you wouldn’t have to cover the whole bill yourself. And the best thing is that when the contract hire expires after a couple of years you can trade the car in for a new one, meaning you’ve always got the latest updated model. And as you’ll always be driving a new car, it won’t have had time to wear out, and is less likely to break down in the first place!