Contract Hire

Contract Hire is a method of funding your new car and is the most common form of vehicle leasing agreement.

Contract Hire means agreeing to take control of a car for a fixed period. 

You drive it but never own it. 

You reach an agreement with the leasing company to make fixed monthly payments for the duration of the contract. 

At the end of the contract you return the car to the contract hire company (subject to conditions).

Some contract hire agreements include maintenance packages meaning all you have to worry about is insurance, tyres and filling up with fuel.

There is no option to buy the car as there is with a PCP.