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This payment plan, exclusive to Business Users, effectively allows you to 'hire' vehicles as opposed to owning them. This way, drivers need not be concerned about issues such as residual values or selling the vehicle when the finance term is up. A contract hire agreement from Audi Finance can run over one, two, three or four years.

If you are a VAT registered business a proportion of the rentals may be tax deductible. Contract hire is classified as an operating lease for current taxation purposes, therefore it is regarded differently to 'purchase' contracts so you may benefit from certain tax advantages. Your financial or tax advisor should be able to advise you if this applies.

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