FANCY the benefits of contract hire but been scared off by the prospect of being locked into a contract?

Then this is what you could be looking for: Smartlease from Multileasing.

Smartlease from Multileasing is a new, flexible car funding solution that is available to businesses throughout the UK.

Customers pick their car and specification,  just like they would with a traditional three-year contract hire agreement.

However, the crucial difference is that the contract can be terminated early without penalty subject to three months’ written notice, pro-rata mileage and damage in line with BVRLA fair wear and tear guidelines.

Tony Harrison, Head of Sales and Marketing for Multileasing, said of this new flexible contract hire product:

“This product will be offered to clients who would like the benefits of contract hire, but who also want the ability to hand back the vehicle before the end of the term, if the need arises.

“Cars we will be funding on Smartlease from Multileasing will range from Ford Fiesta through to the BMW 3 Series and their equivalents.

“Smartlease from Multileasing will be based on 3 year fully maintained contracts.”