COMMERCIAL VEHICLE CONTRACT HIRE
As a UK leader in commercial vehicle contract hire, we offer an industry-best contract hire product, with or without maintenance, built on an unrivaled understanding of the commercial vehicle sector. Our commercial vehicle contract hire solutions cover the smallest single truck to the fleet requirements of the UK’s largest logistics providers.
An Asset Alliance Group contract hire agreement allows you to hire a vehicle from us for an agreed term, at a fixed monthly rate. We retain ownership of the vehicle, along with its basic maintenance needs and associated end-of-life value risks, then at the end of the contract period, you return the vehicle to us.
CONTRACT HIRE BENEFITS
Commercial vehicle contract hire is ideal for those who need truck finance or HGV finance but do not want to carry the risk associated with maintenance and servicing costs, or predicting the residual value of their vehicles. The benefits of contract hire include:
- Pre-agreed funding line facilities
- Use of assets with low initial outlay and without tying up capital
- Asset leasing expedites tax-efficiency for most organisations
- Contract hire assets remain off balance sheet
- Fixed monthly payments (that are not RPI-linked) without any nasty surprises
- Accurate budgeting and forecasting
- Fixed price maintenance from approved engineers
FLEXIBLE FLEET MANAGEMENT UPGRADES
An Asset Alliance Group contract hire service can be upgraded to suit your needs and all optional upgrades can be discussed pre-contract. For example, our three main Service and Support Contracts include:
- Asset Alliance Group Repair and Maintenance
- Asset Alliance Group Compliance Management
- Asset Alliance Group In-Life Contract Care
WHY CHOOSE ASSET ALLIANCE GROUP FOR CONTRACT HIRE AND LEASING
As award-winning service and support specialists, we deliver three differentiating factors that help lower the costs of your operating lease:
- We source assets direct from manufacturers on large fleet terms for the best commercial vehicles deals
- We understand accurate residual value setting
- Our aim is to retain and utilise assets over their entire useful life. This allows us to reduce risk on residual values which enables further competitive advantage in our asset finance pricing
The Asset Alliance Group Fleet Management team has many years’ experience in the responsible management of truck and trailer fleets. All the features and benefits of our contract hire, finance lease and hire purchase options, as well as the potential refinancing of your existing leases and loans, can be discussed in more detail with your Account Manager.
Contact us now on 01902 625330 to find out how our dedicated teams can help meet your individual needs.
AWARD-WINNING SERVICE
6 x Commercial Motor Award Winners
- Two-time Finance Provider
- Two-time Rental, Leasing and Contract Hire Provider
- Independent Dealer of the Year
- Service to the Industry
See our full range of asset finance and commercial vehicle leasing services
Our primary role at Asset Alliance Group is to help you select the best commercial vehicle finance option for your business – to optimise your profit & loss, balance sheet, cash flow, and tax management through the full range of options available to you.
CONTRACT HIRE
As commercial vehicle contract hire specialists, we offer an industry-leading contract hire product with or without maintenance, built on an unrivaled understanding of the commercial vehicle sector. Our contract hire solutions range from the smallest new or used trailers to the fleet requirements of the UK’s largest logistics providers.
FINANCE LEASE
A commercial vehicle finance lease differs from a commercial vehicle operating lease in many ways but remains a fixed-term contract that allows you the benefit of an asset without ultimate ownership.
HIRE PURCHASE
Commercial vehicle hire purchase is installment asset finance for those who ultimately wish to own the asset and assume all associated costs of maintaining the vehicle. It differs from a lease primarily in ownership, but presents other accounting practices that may suit your business.
FLEET MANAGEMENT
With almost 5,000 vehicles under our management, we are true commercial vehicle specialists, expert at servicing and maintaining all types of commercial vehicles, from used and new trailers and trucks to used tractor units.
A TRUE ASSET MANAGEMENT SPECIALIST
We offer far more than lending and providing a full range of flexible asset finance packages. We also purchase, refinance and procure commercial vehicles for our clients. Depending on your needs, we are able to buy your assets outright or tailor business-specific monthly contracts.
This makes us true asset management specialists who respond to both the “in-life” and “end-of-life” aspects of your assets. We protect our clients and support your interests by maximising residual values which translates to reduced costs below competitor rates.