Contract Hire is an Operating Lease that is combined with service, repair and maintenance agreements – usually from your local JCB dealer. These agreements can be combined with JCB PremierCover - an extended JCB warranty package offering the same component protection as the initial manufacturer’s warranty. Return conditions apply.
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contract hire

Contract Hire is an Operating Lease that is combined with service, repair and maintenance agreements – usually from your local JCB dealer. These agreements can be combined with JCB PremierCover - an extended JCB warranty package offering the same component protection as the initial manufacturer’s warranty. Return conditions apply.

Contract Hire can represent the ultimate risk free method of acquiring, running and maintaining plant, putting a ceiling on your costs and releasing additional capital to invest in your business. The administrative burden and financial risk of predicting the running costs of your plant for the period of the contract is completely removed.

Contract Hire is the name usually given to an Operating Lease that is combined with service, repair and maintenance agreements – usually from your local JCB dealer. These agreements can be combined with JCB PremierCover - an extended JCB warranty package offering the same component protection as the initial manufacturer’s warranty. JCB PremierCover gives you complete peace of mind whilst ensuring that you maximise machine up time, productivity, performance and profitability. All the other tax and accounting benefits of Contract Hire mirror those of an Operating Lease.

Benefits:

  • Low capital outlay
  • Spreads the impact of VAT which is collected on each instalment as it falls due
  • Low fixed instalments
  • Tax efficient
  • Accurate budgeting
  • Preserves working capital reserves
  • Removes residual value risks
  • Possible off balance sheet funding
  • Service, repair and maintenance contracts plus extended warranty (JCB Premier Cover) included to offer total peace of mind