Contract Hire
Contract Hire is a rental product for Business Users only where the monthly rentals are based on the period of hire, the annual mileage, the vehicle price and the anticipated future value of the vehicle.
Hire Purchase
A car hire purchase agreement is one of the most popular ways to buy a car. A hire purchase agreement (HP) is a purchase agreement which gives you an option to purchase at the end of the agreement. Isuzu HP is a fixed cost (where the APR is set before the contract begins), fixed period loan (typically, 2-5 years), which is secured against the car being bought.
You are the registered keeper of the car and are responsible for insuring and maintaining it, but the finance company providing the HP agreement remains the legal owner (‘has title’) of the car until the amount you have borrowed has been fully repaid and you have decided to pay the ‘Option to Purchase’ fee (currently £10).
Business Users can reclaim VAT
A Business User may be able to reclaim the VAT on the purchase price of the vehicle subject to the business being VAT registered, the vehicle being purchased outright or on a finance purchase plan and the vehicle being used for business purposes. For more information on the benefits of driving an Isuzu pick-up for business click here.




