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With a range of attractive options, including smaller deposits and optional service, maintenance and repair, we are certain there is a finance method that will suit your needs.

Finding the most cost-effective way to fund a fleet is one of the biggest decisions companies have to make, with many choosing contract hire for its simplicity and value.

 There are a number of financial benefits to contract hire that make it ideal for many businesses. It allows you to run a fleet, regardless of size, without the need to own the vehicles. This improves cash flow and removes any risk of inaccurate residual value forecasting.

 A key component of contract hire is the projected residual value. The higher the residual value forecast, the lower the monthly cost. As Mercedes-Benz cars enjoy some of the best residual values in the market, this helps lower your costs further.

 Including service, maintenance and repair with the monthly contract hire rate will help you to manage your fleet budgets. There will be no unexpected bills as all SMR costs are included in the monthly payment. It allows you to budget in exact detail for vehicle costs for the entire period of the hire agreement.

 In addition, a contract hire agreement can be offset against taxable profits, and VAT is reclaimable depending on usage and mileage. This type of vehicle funding offers your business another line of credit to give you maximum flexibility.

 Many contract hire arrangements will include arranging Vehicle Excise Duty, MoTs and administrating parking or speeding fines. This frees up resources within your business.

 All of this makes contract hire the most efficient and effective way to fund your company cars. It reduces costs across the whole spectrum of operating expenditure for a company fleet and makes your life easier by managing so much of the process for you.

 For more insight on funding methods visit FleetWise. Brought to you by Mercedes-Benz in partnership with Fleet News.