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.
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The Oak Trees Business Park
Millhouse Leasing is a trading name of Car Contracts Britain Limited, who is authorised and regulated by the Financial Conduct Authority. We are a credit broker and not a lender. Registered No: 654951
Registered in England & Wales with company number : 05248662 | Data Protection No : Z8873084 | VAT No : 851 2965 51
Registered Office : Car Contracts Britain Ltd, Unit 8 The Oak Trees Business Park, Orbital Park, Ashford, Kent, TN24 0SY
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