Personal Car Contract Hire is simply a method of long term rental offering you a fixed monthly rental for the vehicle you want. You can choose how long you want to keep the vehicle for and simply send it back and order a new vehicle at the end of the contract.
It is a really simple way to budget your motoring costs as all you do is insure and put fuel in your vehicle.
Why buy a car when they lose value over time?
Personal Contract Hire protects you from the depreciation risk of owning a vehicle and can include maintenance cover/breakdown cover (optional), vehicle excise duty and much more. This finance method can be attractive for company car "opt out" employees or private individuals who do not want to tie up cash in their car nor have the financial risk of owning their vehicle.
You can reduce the administration of buying, servicing (if part of the contract) and disposing of vehicles by personal contract hiring via our Contract Hire Partners.
Just hand the vehicle back at the end of the contract and order a new vehicle - it's as easy as that!
Below are a list of benefits of contract hire and also the things you do need to know about this method of vehicle funding. Please have a look at the points so you are fully informed about Personal Contract Hire.
You may also want to look at the Contract Hire Jargon Buster under the Useful Information section as this explains many of the terms you will hear.
Car or Van Contract Hire Leasing UK covers depreciation risk, maintenance cover and breakdown cover (optional), vehicle excise duty, administration and much more.
Why buyacar or buyavan?
For a private individual or company car opt out employees, owning a vehicle can seem attractive however many consumers are now opting for personal car contract hire leasing. The reason they are doing this is because all the risks associated in running a vehicle can be left with the UK car or van contract hire and leasing company. You simply pay your monthly rental and hand the car or van back at the end of the personal contract hire lease.
The guide above aims to help you with your decision and will tell you the benefits but also some of the other things you need to know. If you do decide to use personal contract hire leasing as your finance route you will be able to use the functionally rich quote engine to compare car or van leasing prices or just check out the Contract Hire Special Offers contract hire quote section for the latest deals. Contract Hire terms will vary on the offers however these have been clearly laid out for you.
Compare UK car and van contract hire leasing quotes instantly with multiple funders to get the best deal.
The top ten things to remember about business and personal contract hire.
The site allows you to quote on Estates, Sports, Saloon, Hatchback, vans, pick ups,prestige and 4x4's.
You can quote on all makes i.e. Audi, BMW, Mercedes, Toyota, Ford, Volkswagen, Honda, Fiat, Alfa Romeo, Vauxhall indeed any make or model,