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Mercedes-Benz CharterWay Contract Hire

The most convenient way to manage your fleet

How it works
Mercedes-Benz CharterWay is ideally positioned to provide specialist financial and operational expertise to LCV operators of any size and in any sector. We currently run a fleet in excess of 630,000 vehicles across 40 countries. And our portfolio of over £14.5 billion means we are now one of the world’s top three vehicle finance providers.

Contract Hire can ease the headaches out of running a commercial fleet. Instead of owning the vehicles, you hire them for a fixed period - typically 3 to 5 years - for a fixed monthly fee. This is based on the difference between the initial value of the van and projected residual value at the end of the agreement, plus finance charges. This means you repay only a proportion of the vehicle's costs, which is good news for your cashflow.
Choose Contract Hire and you'll avoid any worries about the future value of your vehicle or selling it on - at the end of your agreement you simply hand it back.

To find out more about how Contract Hire and Fleet Management can benefit you and your business, contact us directly or explore this section.
How can Contract Hire help my business?
Here are some of the ways Contract Hire could help your business:
It frees up your capital for other business requirements
Tax relief: your monthly payments are allowable against taxable profits, and VAT is reclaimable, depending on use
There are no additional costs on the return of the vehicle, assuming there has been no excess mileage or wear
Fleets over five vehicles also get a dedicated Fleet Manager that deals with everything for you, taking the hassle out of getting from A to B.