Personal contract hire is commonly referred to as a vehicle lease. The vehicle is purchased by the finance company who estimates a value of the vehicle at end of the term and your monthly payment consists of the depreciation and interest. The benefits are simply no residual value risk and fixed payments but the vehicle has to be returned in a reasonable condition and not a greater mileage than stated at contract inception or the finance company will levy a charge for this.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01924 261167
New Car Deals Ltd
Spa Street Works
Registered Office : Spa Street Works, Spa Street, Ossett, West Yorkshire, WF5 0HJ
| Registered in England & Wales with company number : 8091897 | Data Protection No : ZA040448 | VAT No : 136265025 |
New Car Deals Ltd are a credit broker and not a lender. We will introduce you to a limited number of finance providers who may pay us should you choose to enter into an agreement with them. New Car Deals Ltd are authorised and regulated by the Financial Conduct Authority. Registered No : 670807
BVRLA registered number: 2071
Copyright © 2018 New Car Deals Ltd, All rights reserved.