If you run a small business and want to run a SEAT without worrying about its future value or the hassle of eventually selling it, a contract hire agreement could be for you.
We’ll agree a plan of fixed monthly rentals lasting for one year to four years. At the end of the contract you simply hand the car back, subject to mileage and vehicle condition, and start a new agreement on a brand new SEAT.
You can budget ahead by adding servicing, maintenance and tyre costs to your agreement. It may even be possible for your business to recover the VAT on these elements.
We recommend that you seek independent tax advice.