COMMERCIAL VEHICLE CONTRACT HIRE FOR BUSINESS FLEETS.
Commercial vehicle contract hire gives businesses a way to access the vehicles they need without purchasing them outright. With servicing, maintenance and other fleet support included within the agreement, it can provide greater control over running costs while helping businesses keep vehicles on the road.
For businesses managing anything from a small fleet to a nationwide operation, contract hire can provide a flexible alternative to vehicle ownership, with terms tailored around vehicle requirements, mileage and operational needs.
WE MANAGE EVERY ASPECT OF YOUR FLEET.
FROM FINANCING TO SERVICING AND MAINTENANCE.
Commercial vehicle contract hire allows a business to use vehicles for an agreed period and mileage, usually in return for fixed monthly payments. Depending on the agreement, servicing, maintenance, tyres, and other running costs can be included, giving businesses greater visibility over their fleet expenditure.
Contract terms can be structured around the needs of the business, including the length of the agreement and expected mileage. This makes fleet contract hire suitable for businesses with different operating requirements, whether they run vehicles from a single depot or across multiple locations.
Contract hire is not simply about supplying vehicles. The maintenance and support provided throughout the agreement can also help businesses reduce downtime and keep their fleet operating efficiently.
COMMERCIAL VEHICLES AVAILABLE ON CONTRACT HIRE.
Seven Asset provides contract hire options across a range of commercial vehicle requirements, allowing businesses to consider vehicles suited to their operational needs.
MORE VEHICLE OPTIONS FOR YOUR FLEET.
The wider range also includes HGV trucks and trailers, from 44T tractor units through to rigid lorries for heavier transport requirements, electric vehicles for businesses introducing electric commercial vehicles into their fleets, and specialist builds configured for specific applications.
This range allows businesses to consider fleet contract hire and commercial vehicle leasing across different vehicle types, from vans and rigids through to HGVs and trailers, rather than being restricted to a single category.
WHAT’S INCLUDED IN EVERY SEVEN ASSET CONTRACT?
Seven Asset contracts include comprehensive support to help businesses manage their vehicles throughout the agreement. This includes full servicing and maintenance, road tax and RFL credit, tyre husbandry and repairs, 24/7/365 rapid response support, and access to nationwide repair and maintenance facilities.
FULL SERVICING & MAINTENANCE.
Full servicing and maintenance to help keep vehicles operating reliably.
ROAD TAX & RFL CREDIT.
Road tax and RFL credit, helping businesses manage essential vehicle costs.
TYRES & TYRE REPAIRS.
Tyre husbandry and repairs through access to more than 19,000 approved tyre centres.
24/7/365 RAPID RESPONSE.
24/7/365 rapid response support when vehicles require assistance.
NATIONWIDE FLEET SUPPORT.
Seven Asset contracts also provide access to more than 1,100 approved repair and maintenance centres nationwide and in-house mobile engineers to provide additional support and help reduce vehicle downtime.
This approach means businesses can manage their fleet with ongoing maintenance and support built into the overall service, rather than arranging every requirement separately.
CONTRACT HIRE VS BUYING OUTRIGHT.
When comparing contract hire vs buying, businesses need to consider more than the initial purchase price of a vehicle. The right approach will depend on the business, its fleet requirements and its financial strategy.
UPFRONT CAPITAL
Buying vehicles outright requires the business to provide the capital needed for the purchase. Contract hire spreads the cost across the agreement through regular payments, which can reduce the amount of capital tied up in vehicles.
DEPRECIATION AND RESIDUAL VALUE RISK
With outright ownership, the business owns the vehicle and is responsible for its depreciation and eventual resale. Contract hire removes the need for the business to manage the vehicle’s residual value at the end of the agreement.
MAINTENANCE BUDGETING
Vehicle ownership means businesses need to budget separately for servicing, maintenance, tyres and other running costs. With Seven Asset contract hire, servicing and maintenance are included, alongside tyre support and road tax, providing greater visibility over fleet costs.
CASH FLOW PREDICTABILITY
Fixed contractual payments can make fleet expenditure easier to plan. Rather than making large vehicle purchases and managing fluctuating maintenance costs, businesses can account for regular contract hire payments as part of their ongoing operating costs.
Contract hire provides an alternative for businesses that want to access commercial vehicles while maintaining a more predictable approach to fleet expenditure.
CONTRACT HIRE VS COMMERCIAL VEHICLE LEASING.
Commercial vehicle leasing and contract hire are often used to describe the same arrangement. Both give a business the use of a vehicle for an agreed term and mileage in return for fixed monthly payments, without the business owning the vehicle outright.
The practical difference is what sits inside the agreement. A finance lease typically covers the vehicle alone, leaving servicing, maintenance, tyres and road tax for the business to arrange separately. Seven Asset contract hire builds those into the agreement, so the monthly payment covers the vehicle and the support needed to keep it working.
Businesses considering commercial vehicle leasing, fleet leasing or lorry leasing can discuss both structures with Seven Asset and choose whichever suits their accounting and operational requirements.
HGV AND LORRY LEASING.
HGV leasing covers the heavier end of the fleet, from 44T tractor units and trailers through to 7.5T, 12T, 18T and 26T rigid lorries in box, refrigerated, dual temperature, curtainside and flatbed configurations.
HGV contract hire and lorry leasing through Seven Asset include the same servicing, maintenance, tyre support and 24/7/365 rapid response as the rest of the fleet, with vehicles available from manufacturers including DAF, Volvo and Mercedes rather than being tied to a single marque.
Whether a business is leasing a single lorry or building a nationwide HGV fleet, terms can be structured around the vehicles, mileage and contract length the operation actually needs.
FLEXIBLE TERMS TO SUIT YOUR BUSINESS.
Fleet requirements can vary significantly between businesses, so contract hire needs to accommodate different operating models.
Seven Asset can support both short- and long-term requirements, with solutions suitable for single-depot operators through to multi-depot and nationwide fleets. This gives businesses greater flexibility when arranging vehicles around their operational requirements.
Whether a business needs vehicles for an established fleet or is expanding its commercial vehicle operation, contract hire can provide a structured way to access the vehicles required without committing to outright ownership.
FINANCING AND ELIGIBILITY.
Commercial vehicle leasing and contract hire are available to qualifying businesses of all sizes. Neither is restricted to a specific vehicle brand, allowing businesses to consider vans, rigids, HGVs and trailers based on their operational requirements rather than being limited to one manufacturer.
Eligibility and contract terms will depend on the individual business and proposed fleet requirements. Seven Asset can discuss the available options with businesses looking to establish or expand their commercial vehicle fleet.
WHY BUSINESSES CHOOSE SEVEN ASSET.
Seven Asset Management has been trading since 1997 and manages a fleet of more than 2,000 vehicles.
2,000+
VEHICLES MANAGED
Seven Asset Management operates a fleet of more than 2,000 vehicles, supporting businesses with their commercial transport requirements.
1,100+
APPROVED MAINTENANCE CENTRES
Access to a nationwide network of approved repair and maintenance centres helps businesses keep vehicles roadworthy and reduce disruption.
19,000+
APPROVED TYRE CENTRES
Our extensive approved tyre centre network provides tyre husbandry and repair support for commercial fleets.
98%
FIRST-TIME MOT PASS RATE
Our first-time MOT pass rate reflects the focus placed on servicing, vehicle maintenance and operational reliability.
Businesses using its commercial vehicle contract hire service also have access to in-house mobile engineers and a 24/7/365 rapid response team.
This nationwide infrastructure provides businesses with ongoing maintenance and support throughout their contract, helping vehicles remain available for the work they are required to do.
DISCUSS YOUR COMMERCIAL VEHICLE CONTRACT HIRE REQUIREMENTS.
If you’re considering commercial vehicle contract hire, Seven Asset can discuss your vehicle requirements, expected mileage, contract length and wider fleet needs.
From light commercial vehicles and rigid lorries through to HGV tractor units, trailers, refrigerated vehicles, electric vehicles and specialist builds, the team can help businesses explore contract hire and leasing options suited to their operations.
Contact Seven Asset to discuss your requirements and find out more about its commercial vehicle contract hire solutions.
SIGN UP TO OUR NEWSLETTER
With over 25 years of industry knowledge, dealing with independents and multi-national companies, we have built a vast portfolio.
