Cars are one of the most popular forms of transport in the world. Having the freedom to drive where you want, when you want, is something that never gets old. It makes your life so much easier especially when it comes to commuting and leisure too. Personal Contract Hire makes the use of a car or van a lot more straightforward and affordable when compared to buying a car outright.
Personal Contract Hire is very similar to other contract hire agreements with the biggest difference being that it only applies a specific individual rather than a business/company. 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. When you have a Personal Contract Hire agreement, you can drive a car for the agreed period of time in the contract. This duration is known as a lease period. Even though the car is actually in your possession, you do not own it.
You make monthly fixed rentals for the time period that your contract runs. Once the contract has completely finished, you return the car. People find this agreement appealing as it means that they don't have to worry about the resale value of the car once you have finished paying it off. As you don't actually own the vehicle, once your contract is finished you can walk away without any extra obligations.
Road Tax included throughout the contract.
You get a fully bespoke contract, term, and mileage – discussed, developed and tailored to your individual needs. So no two personal contract hire deals are the same meaning you can get the most out of your deal.
Complete support and guidance throughout your time with us. We strive to make sure that every customer is 100% satisfied with the service they receive from us.
A comprehensive vehicle maintenance package including all servicing and maintenance is an option you can consider too.
One of the main reasons that a person will choose to lease a car is the fixed costs. As you understand how much the monthly rentals will be before the contract even begins, you'll be able to budget properly without any surprising costs appearing out of nowhere.
One of the great things about Personal Contract Hire agreements is the fact that you have very few obligations to take care of. As you don't own the car, you won't be selling it by the end of the agreement. This completely avoids the job of putting the car on the market, letting potential buyers see the car and actually selling it. All you have to do is return it to is and the agreement is finished.
You also have the choice to add a maintenance package along with your Personal Contract Hire agreement. This means that you don't have to worry about any of these aspects of the vehicle, giving you another thing that you don't have to worry about.
One of the main points in taking out a Personal Contract Hire agreement is that it's a convenient way to use a car. A lot of people get turned off driving a new car because of the large the upfront costs and all of the maintenance that occurs later on down the line.
The upfront costs of leasing a car are usually lower than buying a car, and the monthly rentals can be smaller compared to getting a loan, as a loan for a car is usually more expensive.
If you would like more information on our wide range of personal contract hire deals for cars and vans then don't hesitate to look at the manufacturers we stock here at New Car Deal. Or give us a call on 01785 257002.
* 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.
T: 01785 257002
New Car Deal
Hollins Business Centre
New Car Deal is a trading name of Moto-Deal Limited. New Car Deal is authorised and regulated by the Financial Conduct Authority, we are a credit broker and not a lender. Registered No : 675571.
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