Here at JT Hughes, we have a large selection of Kia Contract Hire offers available to you.
As we understand that leasing a brand new car is becoming an incredibly popular choice for drivers across the UK, as it offers you a very simple, hassle-free way to drive away in a brand new Kia without the traditional worries of vehicle ownership. We are also here to guide you through every single step of the process.
Our dedicated team in Oswestry and Shrewsbury always has access to highly competitive rates. So we can build you a bespoke contract hire package tailored entirely to your budget and driving needs, helping you get your hands on your next New Kia.
What is Kia Contract Hire?
Contract Hire is essentially a long-term vehicle rental agreement.
It is widely considered one of the easiest ways to drive a new car, as you agree to lease the vehicle for a set period, usually 2 to 4 years. Then, during this time, you make fixed monthly payments to rent the car.
However, because you are only paying for the depreciation of the car during the time you use it, the monthly payments are often much lower than if you were buying the car outright on a traditional finance agreement.
You will also never actually own the vehicle, and when your contract ends, you simply hand the keys back to the finance company and walk away.
You are then completely free to start a brand-new lease on another Kia.
The Core Benefits of Leasing a Kia
There are numerous brilliant reasons why so many of our customers are choosing to lease their vehicles.
Here are the main advantages you can expect when you choose a contract hire agreement.
Fixed Monthly Budgeting
Your monthly payments are fixed for the entire duration of your contract.
This means you know exactly how much your car will cost you every single month. It makes managing your personal or business finances incredibly straightforward.
No Depreciation Worries
When you own a car, you always have to worry about how much value it is losing over time.
With contract hire, on the other hand, the finance company takes on all the risk of depreciation. You do not need to worry about part-exchanging the car or trying to sell it privately when you want a change.
Road Tax is Included
Your annual road fund licence, commonly known as road tax, is also typically included in the monthly price for the entire length of your contract.
This then saves you an extra yearly expense and removes the hassle of remembering to renew it yourself.
Drive the Latest Models
Because lease contracts also usually only last a few years, you get to upgrade to a brand new car much more frequently. This means you always benefit from the very latest safety technology, the most modern entertainment systems, and the most fuel-efficient engines in the Kia range as an end result.
Understanding Personal Contract Hire
Personal Contract Hire is designed specifically for private individuals. It is the perfect choice for everyday drivers who want a brand new car with fixed, predictable monthly costs.
As shown here, all of the prices quoted for Personal Contract Hire will always include VAT.
To get started, you simply choose the Kia you love, decide how many miles you expect to drive each year, and agree on how long you want to keep the car. You then pay an initial rental fee upfront, followed by your regular monthly payments.
You are then responsible for fully comprehensive insurance and putting fuel or electricity into the car, but otherwise, your motoring costs are perfectly contained.
Understanding Business Contract Hire
Business Contract Hire, on the other hand, is built for sole traders, partnerships, and limited companies.
It is a highly tax-efficient way to manage a single company car or an entire fleet of business vehicles, and the prices quoted for business leases usually exclude VAT.
If your business is VAT-registered, you can typically claim back 50% of the VAT on the finance element of the monthly payments.
If the car is used purely for business purposes though, and never for personal journeys, you might even be able to claim back 100% of the VAT.
Furthermore here, leasing keeps the vehicles off your company balance sheet, which can improve your financial gearing ratios.
How to Build Your Perfect Lease Agreement?
Creating the right contract hire deal is very easy. Our team at JT Hughes will help you adjust 3 main factors to find the perfect monthly payment for your budget.
These include, for instance:
The Initial Rental
You can choose how much you want to pay upfront. This is usually calculated as a multiple of your regular monthly payment, such as 3, 6, or 9 months in advance.
Here, paying a larger initial rental will reduce your ongoing monthly payments.
The Annual Mileage
You will also need to estimate how many miles you will drive each year. It is very important to be as accurate as possible. Because if you exceed this agreed mileage limit, you will be charged a small excess mileage fee at the end of the contract.
The Contract Length
You can then choose how long you want to keep the vehicle, and most of our customers choose a contract length of 24, 36, or 48 months.
Adding a Comprehensive Maintenance Package
To make your driving experience completely stress-free, you can also choose to add an optional maintenance package to your contract hire agreement as well.
This then rolls all your expected running costs into one single, fixed monthly payment.
A typical maintenance package here will then cover all your routine servicing requirements at an official Kia dealership.
It will also cover the replacement of wearable items, such as brake pads and wiper blades. But importantly, it often includes premium replacement tyres that cover both general wear and accidental punctures.
Adding this package means you are completely protected against unexpected garage bills, allowing you to budget with absolute confidence.
Popular Kia Models for Contract Hire
The Kia range is also now more exciting and diverse than ever before. For example, we have a fantastic vehicle to suit every type of driver and every type of business.
Including:
The Kia Picanto
The Picanto is a brilliant, compact city car.
It is incredibly easy to park, very cheap to run, and highly affordable to lease, making it a perfect choice for young drivers or those who need a reliable second car for short town journeys.
The Kia Sportage
This is one of our most popular cars for both personal and business leasing.
It is a striking, spacious family SUV that offers a wonderfully comfortable ride. It is available with mild-hybrid and plug-in-hybrid engines, making it very efficient for both short commutes and long motorway trips.
The Kia EV6
If you want to transition to fully electric driving, the EV6 is an outstanding choice.
As it offers a massive electric range, ultra-fast charging speeds, and a truly premium interior. It is incredibly popular with business drivers due to the very low Benefit-in-Kind tax rates currently available for zero-emission vehicles.
Contact Our Kia Leasing Experts Today
Navigating the world of car leasing can feel complicated, but our friendly team at JT Hughes is here to make it simple. We have decades of experience helping drivers across Shropshire and Mid Wales find their perfect vehicles.
So, whether you are looking for a reliable family car on a personal lease or you need to upgrade your company vehicles with a tax-efficient business lease, we have the expertise to help. We will explain all the fine details in plain, simple terms so you can make a fully informed decision.