Electric Car - Business Contract Hire

Hello I am the sole director of a limited company and am considering purchasing an electric car. If I buy this on Business Contract Hire (not PCP or HP) are the deposit and monthly payments eligible for the 1st year 100% capital allowance? The company will not own the vehicle at the end of the term. Many thanks

Hi 
If you are hiring the car, then you cannot claim for the 1st year 100% capital allowance, as you will not own the vehicle.  
If you buy the car using PCP, then you can only claim once the balloon payment is made.  
Please see Guidance at: Claim capital allowances: 100% first-year allowances
Thank you.