CF Hire Page

CF Vehicle Hire

Our professional fleet management team can help you choose your new fleet, offer full service and maintenance facilities, provide you stand-by vehicles and finally, take over the problem of diposing your old fleet. Since our service is customer oriented, you will enjoy the benefit of our personal and efficient service.

Introduction to CF Vehicle Hire Financial Advantages Period of Hire Repair Bills Even out Running Costs Sale and Leaseback

There couldn't be and easier way of taking the lumps and bumps out of running your fleet than with CF contract hire.

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Stop Introduction to CF Vehicle Hire

Before you purchase company vehicles, stop. Just ask yourself a few simple questions. Why tie up your capital in vehicles which are non-productive and depreciating assets when you can use it more profitably areas? Why put yourself at the receiving end of unpredictable servicing and insurance costs? Why create cash flow problems ? With just one regular monthly payment you can leave these problems with us.

Central Finance Contract Hire, can offer you an unsurpassable and comprehensive package.
Our package consists of two options:

On-the-road without maintenance.
On-the-road with maintenance,

which gives you the additional benefit of maintenance and a relief vehicle.

Choice Choice of Vehicles

Apart from the obvious practical considerations, many factors can influence your choice. Personal likes and dislikes. Company image. National prejudices. Status of the user. Where do you start?

With us. Through CF contract hire, we have access to records of running costs of all popular makes of cars. And we'll help you arrive at a decision in any way we can. Whatever you decide on, any make of car can be supplied under our package. Our purchasing power ensures that vehicles are purchased at the best possible price.

Financial Advatages Financial Advantages

It's also worth noting a relatively recent piece of accounting legislation under Sri Lanka Accounting Standard (SLAS19). The net result is that the only method of vehicle acquisition to provide " off balance sheet funding" is contract hire. This, in turn, has the effect of improving your company's image as projected by your Balance Sheet in two important respects by which you may be judged;

1. RETURN ON ASSETS
2. GEARING RATIOS

Period Period of Hire

Although the usual period for contract hire is four years, the choice is yours. Should you require 24 months or 36 months durations, this can also be arranged. We can help you decide what length of contract best suits your company's requirements by taking into account such factors as;

1. Need to maintain company image.
2. Economic mileage parameters.
3. General Company car policy.

Repair Bills

Take out a ' with maintenance ' contract hire agreement and the repair bill becomes a thing of the past. We pick up the tab and supply you with a replacement vehicle if your vehicle is off the road for more than 24 hours.

Simple isn't it ?

Just think, less aggravation, expense and paperwork. No more time consuming conversations with repairmen and no more wondering where you can get your hands on a replacement car in a hurry. In fact, you'll be wondering why you never thought of contract hiring your fleet earlier.

Even Out Running Costs

Running costs can adversely effect your cash flow because of the unpredictable nature of repair bills, servicing and insurance increases.
So if you want to control your 'outgoing' against 'incoming', a contract hire agreement with maintenance lets you know exactly where you stand.

Sales Back Sales & leaseback

What do you do with your existing fleet ?

It's quite simple really. You sell them to us. If you wish to convert them to a contract hire, what we do is, give you the current market value for them. In doing so, we give your company an injection of capital that can be better employed in your bisiness.

You then sit back and let us do the worrying, while you enjoy all the benefits provided by a contract hire. More and more companies are taking advantage of Sale and Leaseback, not only because it makes sense, but also because their company car policy can be changed with the minimum delay.