So, in effect, the more miles that are accrued, the more costly the rental fee will become. In terms of the actual contract on offer there are two options. The first can be for car hire only with no maintenance assistance and the second being that it includes maintenance. Upon completion of the contract terms, the vehicle is then returned to the lending company. Rental paid on vehicles under &pond;12,000 are fully deductible against corporation tax. Higher priced vehicles only allow for a proportion of the payments to be offset. If a vehicle is partially used for private use, only 50% of the VAT is recoverable. However, vehicle service and maintenance are fully recoverable. Vehicles under contract hire are not recorded as assets on the company balance sheet.
The models of Renault listed below show cars available for car finance:
Megane Sport, Trafic, Megane Coupe, Laguna, Megane Coupe Cabriolet, Scenic RX4, Megane, Grand Espace, Megane Sport Saloon, Laguna Tourer, Grand Scenic, Espace, Clio, Modus, Scenic, Megane Cabriolet, Megane Sport Tourer, Kangoo, Master,