We introduce you to businesses who also act as credit brokers and may introduce you to companies offering contract hire. Our core values, fastidious attention to detail and over 25 years of combined motor trade experience, mean we deliver outstanding customer care and are committed to fulfilling our customer aspirations right from the start. It's simple and easy to do, so you can: Take inspiration from our team of experts, Already have an account? PCH is a type of car finance, which allows you to lease a brand-new vehicle for between 2–4 years. Contract Hire and Leasing is the hire of a vehicle, normally to a VAT registered business or company, for a set time and mileage at a fixed monthly rental. Contract Hire is a popular type of vehicle leasing that’s a simple way for you to get behind the wheel of a brand new vehicle. The future of car leasing - the smart way to drive a new car, Find out all you need to know about leasing in our 'Ultimate guide to car leasing'. Even after forking out the initial payment for the actual car itself you will find that the forking never seems to stop. Initial Rental £3,122.36. Our FCA number is 658976. Packages can offer comprehensive vehicle management and a regular monthly payment structure which smooths cash flow and makes budgeting much more accurate. This type of car lease gives you cost-effective access to new vehicles without a large drop in value associated with buying a new vehicle outright. Personal Contract Hire (PCH) is another term for personal car leasing. £289.11. In addition, we offer full UK warranties with included breakdown assistance, flexible payment plans on all van leasing and mileage agreements that can be adjusted to your needs. ‘Helston (Carrs Contract Hire and Leasing) were very easy to deal with and the service provided was knowledgeable and efficient. per month plus VAT. We're bringing you today's very best deals using our unique value score algorithm, meaning you get more motor for your money! There’s more on how yearly mileages work here. The monthly rental is determined by the cost of the vehicle, the period and mileage covered as well as the resultant depreciation. 'Click and collect' or delivery to your door. When you take a car leasing deal you choose the exact make, model and derivative of vehicle required and the lease duration - usually 24,36 or 48 months - … With contract hire, there are several things that you need to know before you sign the paperwork: The car does not belong to you: – The car belongs to the leasing company, but as such you do not have to worry about the residual value of the vehicle. The lease hire company retains ownership of a vehicle until the outstanding finance has been paid in full by the customer. Personal Contract Hire (PCH) is car leasing for personal use. If you hold a full UK Driving Licence you can enquire on any car leasing contract. Business Leasing. 33 vehicles … It is, however, worth remembering that you will need to be put through external credit approval with one of our affiliated finance companies to make sure you will be able to fund your monthly payments. You can see what is classed as acceptable in our fair wear and tear guide, there’s more on how excess mileages work here, There’s more on how contract hire terms work here, There’s more on how yearly mileages work here. With excellent money-saving benefits like reduced tax bills and decreased maintenance costs, you can lease a brand-new car or an entire fleet for less – without worrying about expensive upfront costs and depreciation. All prices shown include VAT at 20%. Contract hire and leasing affords you the benefits of running a fleet of well-managed, up-to-date vehicles, without many of the headaches that come with owning a number of cars, vans, trucks and trailers. Compare deals and apply online now. The monthly amount you pay on Contract hire for a specific vehicle can vary depending on 3 things: You are responsible for the condition of the vehicle. Contract Hire is by far the most common form of new car leasing. Personal Contract Hire is similar to other contract hire agreements with the main difference being that it only applies a specific individual rather than a business. Welcome to Diamond Contract Hire we specialise in all types of car finance such as PCP, HP, Finance Lease & Outright Purchase, but in particular car leasing, van leasing, vehicle leasing and contract hire in the UK. Sign up for our weekly newsletter by providing us with your e-mail address, What Car? Contract hire and leasing helps negate loss of investment, with a fixed monthly cost taking into account any depreciation on the car. Contract hire advice. Contract Hire works like a long-term rental agreement. This is a hire product so you will not own the vehicle. At the start of the agreement you pay a deposit - normally the equivalent of six, nine, or 12 monthly installments - followed by a set payment each month. Sign in here, Copyright © 2000-2021 Leasing.com Group Ltd. Leasing.com Group Ltd t/a Leasing.com is authorised and regulated by the Financial Conduct Authority in relation to consumer credit activities. Octane Vehicle Leasing is a family owned, people focused, contract hire and leasing broker based in the North West of England. Unlike contract hire, finance leasing allows the client to pay the entire cost of the vehicle and keep it at the end of the agreed contract period. Keep up to date on Contract Hire Special Offers. Don’t just take the cheaper option as when the vehicle is returned if you have gone over the mileage on your contract, you will be charged an excess mileage charge, there’s more on how excess mileages work here. It is effectively a long term rental - simply agree the contract length, mileage allowance, and initial payment, and the car can be delivered to your door! Contract hire is a type of car lease whereby fixed monthly payments are made for an agreed period of time. Personal contract hire (PCH) is one of the most popular ways of leasing a car. 10k – this offer is based on 10,000 miles per year however as it’s a 3 year contract you have a total of 30,000 miles to cover the 3 year period. Leasing.com uses cookies to make the site simpler. 01902 774 030 [email protected] Facebook They will keep you updated on your car's progress. It’s a long-term rental agreement whereby you have the use of a vehicle for a fixed period of time usually between 2 and 5 years and for a predetermined mileage at a fixed price, which is called a rental. If you only use 8000 miles in year 1 then the leftover miles can be used in the next 2 years etc. Compare 8,000,000+ deals, Simple price comparisons with our unique ‘best value’ algorithm, Unique car leasing deals from quality-checked partners, Offers on all makes/models from brokers, dealers, funders and manufacturers, 1.7+ million drivers already lease their cars and vans in the UK, No worries about depreciating car - simply hand back the keys at the end of contract term, Or upgrade to your dream car for less than you think, No hidden extras - service and maintenance packages available, Great selection of models, easy to compare various options and lease deals. Business Contract Hire, usually abbreviated to ‘BCH’, is a form of business car leasing that is designed to operate in a way where a vehicle lease agreement is tied to a sole trader, partnerships and limited companies as a financial asset, rather than linked to an individual. You will pay an initial rental fee and make fixed monthly payments depending on how long you want your lease to last (usually between 2-4 years). is a part of Haymarket Motoring brought to you by Haymarket Consumer Media. In this blog, we explore the business advantages of commercial vehicle hire and leasing as opposed to buying a commercial fleet of vehicles. Grange Contract Hire and Leasing is a trading style of Grange Motors (Brentwood) Limited who are appointed representatives of Cambria Automobiles (South East) Limited who are authorised and regulated by the Financial Conduct Authority. The offers on our website are based on contract hire for business or personal contract hire. We're currently finding the best deals for you. This is why many consider it a better option over an outright purchase. It's main difference with other contract hire agreements is that it applies to individuals, rather than businesses. What Is Contract Hire? Our FCA number is 658976. Kia Contract Hire is an attractive lease finance arrangement available to business and personal users. Create an account. Details of excess mileage charges should be shown in your finance paperwork. The length of contract you take out – Usually the longer the contract will mean the monthly payment will be lower but you should check as this is not always the case. We introduce you to businesses who also act as credit brokers and may introduce you to companies offering contract hire. Vehicle Lease deals from Freedom Contracts a leading online supplier of Vehicle Leasing offers and Contract Hire deals on a wide range of make and models. 48 month contract, 8000 miles per annum. Business leasing – or car contract hire – gives your company the advantage of driving the very latest vehicles at the lowest prices. Personal Contract Hire subject to status and credit acceptance. It is one of the most popular ways of leasing a car that is normally associated when a person talks about car leasing in general. The original and largest. Personal Leasing. A big part of our site is helping you find the best deals available in your area. Great site for finding the best lease deals. Ford KUGA Car Leasing and Contract Hire Ford Kuga Diesel Estate 1.5 EcoBlue Zetec 5dr. The advertising partner will be in touch to answer any questions and help you place your order. Economy Leasing is one of the few contract hire companies in the UK with whom you can do it easily and affordably without the hassle of selling your old car and buying a new one. Business Contract Hire Explained. Road Fund Licence is included for the duration of the term. Ownership remains with the leasing company, as does all the administration, vehicle tax, and often servicing and maintenance. Contract Hire (most commonly known as Leasing) is a form of finance and therefore you will be asked to complete a credit application form. We are a credit broker and not a lender. Very useful to be able to input your criteria - length of lease, deposit, monthly payment etc, then to v... Browse lease offers on any make and model by tailoring your initial payment, mileage and lease length using the filters to create a plan that suits your monthly budget. View the details of the offer you have found and click the "Get a Quote" button to securely pass your details to the advertising partner providing the car. Business Contract Hire and Leasing Guide; Contract Hire has become the most popular method of acquiring vehicles private individuals. You can see what is classed as acceptable in our fair wear and tear guide. Rest … It is important when taking out contract hire on a vehicle that you estimate your mileage as close as possible to what you will actually use. Contract Hire provides an all-inclusive package that encompasses all the costs associated with running a vehicle covered under a fixed monthly rental. Contract hire offers businesses (and to some extent individuals) valuable tax incentives (VAT-registered companies can claim back 50% of the VAT on the lease payments) and reduced levels of administration. There’s more on how contract hire terms work here. Business contract hire will be shown excluding VAT and personal will be shown inclusive of VAT. We can cater for all needs and arrange suitable finance for the private individual, business or even if you are a large fleet customer. The amount of miles you will drive over the course of a year - an increase in mileage will mean an increase in monthly payment. Registered No : … Leasing.com Group Ltd t/a Leasing.com is authorised and regulated by the Financial Conduct Authority in relation to consumer credit activities. It funds the use of the vehicle, you are not buying the vehicle. Contract Hire (most commonly known as Leasing) is a form of finance and therefore you will be asked to complete a credit application form. Contract hire and leasing provides a tailored approach to building your car or van fleet, enabling you to add or reduce the number of vehicles required easily and cost effectively. A typical contract hire offer would look like this: 3+35 - This means it’s a 3 year contact with an initial payment of 3x your usual monthly rental. The amount you pay as your Initial Payment - By paying more money upfront you will reduce the amount payable each month. This is for individuals who want to lease a car on a personal basis. per month inc. VAT. If a vehicle is returned damaged you will be charged for the repair. To help with this we've taken a guess at your location: Share your location via the options below.. public Your Location: SCOTLAND S. [ Change ]. Therefore you would pay £705 in month 1 followed by 35 regular monthly payments of £235. For this reason it may well be worth considering your options when it … We are a credit broker and not a lender. Contract Hire and Leasing. Minimum duration is 48 months and 6,000 miles per annum. You’ll spread the cost and always know what your monthly payment will be. Business Contract Hire and Personal Contract Hire (PCH) are a form of leasing. Initial Rental £2,601.96. Vehicle Savers offer cheap Car Leasing deals, Van Leasing and Contract Hire for business and personal users at highly competitive pricing helping all our customers nationwide to save money on car and van leases. Plus you avoid the significant upfront investment that comes with buying a vehicle outright. Buying and owning a car, especially in today’s economy, is no walk in the park. It is an affordable and manageable way to drive a new car. £346.93. What is Contract Hire (CH) leasing? The more residual value a car keeps, the cheaper it is to contract hire. 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