Contract Hire Cars Northern Ireland: The Ultimate Guide

If you’re looking for a car in Northern Ireland, you may have come across the term “contract hire”. Contract hire is a type of vehicle leasing that has become increasingly popular in recent years, offering a flexible and affordable way to drive a new car. In this article, we’ll provide you with everything you need to know about contract hire cars in Northern Ireland.

What is Contract Hire?

Contract hire is a type of vehicle leasing where you pay a fixed monthly fee to use a car for a set period of time. Unlike traditional car finance, you don’t own the car and you simply hand it back at the end of the contract. This makes it a popular choice for businesses and individuals who want a new car without the hassle of buying and selling.

Benefits of Contract Hire

There are several benefits of choosing contract hire over other methods of acquiring a new vehicle. These include:

1. Lower monthly payments – Compared to traditional car finance, contract hire payments are often lower, making it an affordable way to drive a brand-new car.

2. No depreciation worries – When you own a car, you’re responsible for its depreciation. With contract hire, the leasing company takes on this risk, meaning you don’t have to worry about the resale value of the car.

3. Flexible options – Contract hire agreements can be tailored to suit your budget and requirements. You can choose the length of the agreement, the annual mileage, and the type of car you want to drive.

4. Tax benefits – If you’re using a contract hire car for business purposes, you can claim back the VAT on your monthly payments and the car’s maintenance costs.

Contract Hire Cars in Northern Ireland

Contract hire is available across the UK, including Northern Ireland. There are many companies that offer contract hire cars in Northern Ireland, providing a range of vehicles to suit different budgets and requirements.

When choosing a contract hire car in Northern Ireland, there are a few things to consider:

1. Your budget – Consider how much you can afford to spend each month and choose a car that fits within your budget.

2. Annual mileage – Think about how much you’ll be using the car each year and choose a package that offers an appropriate mileage allowance.

3. Length of agreement – Choose a contract length that suits your needs. Most contracts run for between 2 and 4 years.

4. Car type – Consider the type of car you need. Do you require a small city car or a larger family car? There are plenty of options available to suit all needs and budgets.

Conclusion

If you’re looking for a new car in Northern Ireland, contract hire could be the perfect solution. With its flexible options, tax benefits, and lower monthly payments, it’s a popular choice for businesses and individuals alike. When choosing a contract hire car, consider your budget, annual mileage, contract length, and car type to find the perfect package for your needs.