hi nick
there are a larger number of companies now doing short term contract hire, of 12 months with only 1 month plus 12, and the 1 month returned at the end of the period.
we use 12 month swap out contract hire all the time. it means that we have smart relaible vehicles all the time. and the contract hire cost comes straight off the profit and loss.
depending on what your looking for with regard to a lease or contract hire, and whether you are looking for an on balance sheet asset.
most cmmercials are now more and more coming with 3 year or 100000 mile warranty, therefore after the 3 year lease, you have a vehicle that is out of warranty.
regards
martin