Business Contract Hire (BCH) is a fixed-term vehicle rental for eligible organisations. The business pays an initial rental and monthly rentals, then returns the vehicle.
How it works
- Select the vehicle, term, mileage and initial rental.
- The funder assesses the business.
- Use and maintain the vehicle within the contract terms.
- Return it for mileage and condition checks.
What to check before you apply
- VAT and tax treatment with a qualified adviser.
- Business and private-use mileage.
- Maintenance, insurance and early termination terms.
- Any director guarantee or security requirement.
A realistic note
Tax treatment depends on circumstances and rules can change. This website does not provide tax advice.
Frequently asked questions
Can a sole trader use BCH?
Some funders accept sole traders, subject to their criteria.
Can employees use the vehicle privately?
It may be permitted, but tax and insurance implications need checking.
Does the business own the vehicle?
No. The funder retains ownership.
Important: We Do Car Finance is a credit-broking service operated by Sandhurst Associates Limited. We are not a lender. Finance is subject to status, affordability and lender criteria. Acceptance is never guaranteed.