Contract hire explained

With an Asset Alliance contract hire agreement you simply hire the vehicle from us for an agreed term at a fixed monthly rate.

We retain ownership of the vehicle, and the associated risks, and at the end of the contract period you return the vehicle to us.

It is ideal for those who do not want to take the risk associated with the maintenance and servicing costs or predicting the residual value of their vehicles.

Key benefits
  • Pre-agreed funding line facilities
  • Low initial outlay and no tied up capital
  • Tax efficient for most organisations
  • Off balance sheet
  • Fixed monthly payments (not RPI linked) with no nasty surprises
  • Accurate budgeting and forecasting
  • Fixed price maintenance from approved engineers
Service upgrades

At Asset Alliance our contract hire service can be upgraded via any of our Support Contracts which include:

  • Asset Alliance Repair and Maintenance
  • Asset Alliance Compliance Management

These are optional upgrades which can be discussed pre-contract.