Whether you're looking for Business Lease cars, Business Lease vans, Personal Lease cars, Personal Lease vans or Finance lease vans, you've come to the right place. Red Chilli Finance are experts in all types of car finance.
Business Contract Hire is commonly referred to as vehicle lease and allows businesses a fixed payment method for the use of a vehicle for a term of normally between 12-48 months. The payments attract VAT of which for cars 50% and for commercial vehicles 100% of the finance element is reclaimable, 100% of the VAT for any maintenance payment is reclaimable. The rental payments are also classed as a true business expense so can be wholly offset against corporation tax. The benefits are fixed monthly payments with no disposal risk but reasonable care has to be taken of the vehicle and also there is an obligation to remain under the stated mileage at the contract inception or the finance company will levy a charge for loss of value.
Red Chilli Finance
55a Mossley Road
Registered Office : Red Chilli Finance , Library Chambers, 48 Union Street, Hyde, Cheshire, SK14 1ND
Company Reg No : 09411903 | Data Protection No : ZA084731 | VAT No : 266995144 |
Red Chilli Finance is authorised and regulated by the Financial Conduct Authority. Registered No : 715125.
* Please note: All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer. All offers are subject to change at any time and are subject to finance approval and vehicle availability. Failure to maintain payments may result in termination of your agreement and the vehicle being returned, this could effect your credit rating and make it more difficult to obtain credit in the future. All prices correct at time of publication.
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