Kia fleet

Welcome to NK Motors Fleet and Business Sales. As one of Kia UK’s limited number of Business Specialist Dealers, we are committed to ensuring all of our clients have the benefit of our Fleet Sales teams’ combined 50+ years’ experience. Whether you require company car taxation (P11D) advice, whole-of-life running costs or quotations for contract hire, we have the expertise to help.

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A guide to business contract hire

Business Contract Hire is a credit agreement between any trading business (sole trader, LLP, Ltd or PLC) and a finance company. The finance company owns the vehicle, and the lessee is essentially paying for the use of the car over a fixed period of time, with no ownership implications.

What’s included in business contract hire?

  • Road tax paid throughout the contract.
  • Tailored contract, term and mileage.
  • Tailored payment plans according to your needs.
  • The option to bolt-on additional services to suit your fleet – such as maintenance.
Motability at NK Motor Group

What are the benefits of business contract hire?

Businesses can gain numerous financial and operational benefits from contract hire:

  • Better Cash Flow Management – Your business is only paying for the depreciation of the vehicle over the length of your lease contract. Therefore the total cost is much lower compared to taking out finance repayments on a car or buying one outright. This frees up more cash for your business to spend on development and growth.
  • Repayments can be claimed as a company expense – If the cars you lease emit equal to or less than 130g/km of CO2, you can claim back 100% of the rental payments against tax. However, even if the CO2 emissions exceed this, you can also claim back rentals against tax, but only at 85%.
  • VAT Benefits– 50% of your VAT on contract hire payments can be claimed back and 100% of VAT on maintenance can be reclaimed.
  • No need for vehicle administration – The leasing company handles all administration of the vehicle throughout your contract which eliminates the need for businesses to spend valuable resources doing this in-house.
  • Increased return on investment (ROI) – Leased cars are not counted as assets. Therefore your company’s balance sheet will show an immediate improvement in the "rate of return" on capital employed, because the asset value of the balance sheet has been reduced.
Motability at NK Motor Group

Fleet offers

Fleet Offers available at NK Motors

All- New Kia Ceed Lunar Edition from £249 per month on Personal Contract Purchase

All- New Kia Ceed Lunar Edition from £249 per month on Personal Contract Purchase

with £1,500 towards your deposit and with low rate 2.9% APR Representative.

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