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Leasing Guide
Alfa Romeo Car Leasing, Aston Martin Car Leasing, Audi Car Leasing, Bentley Car Leasing BMW Car Leasing, Citroen Car Leasing,
Fiat Car Leasing, Ford Car Leasing, Honda Car Leasing, Jaguar Car Leasing, Land Rover Car Leasing, Lexus Car Leasing, Mazda Car Leasing,
Mercedes Car Leasing, Mitsubishi Car Leasing, Nissan Car Leasing, Peugeot Car Leasing, Porsche Car Leasing, Renault Car Leasing,
Saab Car Leasing, Skoda Car Leasing, Toyota Car Leasing,Vauxhall Car Leasing, Volkswagen Car Leasing, Volvo Car Leasing
We are an appointed broker of Lombard North Central PLC
FEATURES
Contract Hire provides the use of a vehicle together with various services for the hire period at an agreed rental. Under a contract Hire agreement the depreciation risk is borne by the Leasing/Contract Hire Company
(the Lessor).
The Lessor forecasts what the resale value of the vehicle will be at the end of the Lease Term and excludes this amount from the total capital cost, The balance plus finance charges and operating costs are then spread over the Lease Term. At the end of the Lease the vehicle is returned to the Lessor who retains the sales proceeds on disposal.
Contract Hire is available with or without Maintenance.
Contract Hire provides the use of a vehicle together with various services for the hire period at an agreed rental. Under a contract Hire agreement the depreciation risk is borne by the Leasing/Contract Hire Company
(the Lessor).
The Lessor forecasts what the resale value of the vehicle will be at the end of the Lease Term and excludes this amount from the total capital cost, The balance plus finance charges and operating costs are then spread over the Lease Term. At the end of the Lease the vehicle is returned to the Lessor who retains the sales proceeds on disposal.
Contract Hire is available with or without Maintenance.
Who can benefit from the
Contract Hire Option?
Contract Hire option is beneficial for businesses such as Sole traders, Partnerships, Limited Companies or PLC.
Here at the Car Leasing Centre we offer multiple finance options Contract Hire is an agreement where the Customer pays a fixed monthly installment for using the car for a specified time period and an agreed mileage. The monthly installment is calculated taking into consideration, cost of the vehicle, period of use, mileage and depreciation during the said period. If you are unsure that Contract Hire is write for you please contact us and we will be happy to advise on the best option for you.
AT A GLANCE
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Vehicle Owned by Funding Company
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Off Clients Balance Sheet YES
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Residual Risk to Client NONE
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Mileage and Wear Limitations YES
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