Renault Scenic

This question is often asked and is quite easy to explain if you know how a contract hire rental is made up. There are many factors that our leasing company partners consider when setting their contract hire rentals.

The number one factor is the residual value (re-sale value) they set for each vehicle. After that the other items considered is the amount they buy the car for, including volume bonuses (and this will vary), their monthly overhead in the rental, profit and interest, vehicle recovery (RAC cover) and maintenance cover, if you opt for full maintenance contract hire.

So don’t always assume that if a car costs more to buy that it may cost more to contract hire.

A great example of this are the following two MPVs, which we have shown contract hire rentals for on 3 years, non-maintained, 3+35 rentals and 10,000 miles annum i.e. like-for-like quotes.

The Renault Scenic has a manufacturer list price of £17,450 and The Citroen C3 Picasso a list price of £13,565 – a list price difference of £3,885.

Yet, the contract hire rental is the same for both cars at £209.00+VAT per month.

If you want to find out what other cars may cost less on contract hire , even though they may have higher prices to buy, try the Vehicle Type contract hire shopper, choose the type of car (i.e. MPVs), your monthly budget and then see what you can get for your money.

Fiat has announced a complete range of comprehensive service plans, which includes all parts and labour costs associated with vehicle servicing. The Fiat Service Plans allow customers to spread the cost of car servicing on a fixed term monthly payment and budget accordingly.

The plans are based on how many miles the customer is doing and therefore how many services the car will need. Once this is worked out a cost is then calculated. For example a customer with a Fiat 500 1.2 could add a three year 27,000- mile plan for less than £13 a month.

The Value Service Plans are also available for low mileage users and for older (more than three years) vehicles. The programme also offers a courtesy car or local collection/delivery free wash and vacuum and 10% off all Fiat accessories. Or if you are thinking of leasing a new Fiat 50o you can of course opt for full maintenance contract hire which provides exactly the same facility.