Are you looking to drive away a new car and not have to worry about selling it at the end of 2 or 3 years? You may find a Personal Contract Hire or Lease agreement may be just the right thing for you.
A Personal Lease is a funding option where you take a new vehicle, typically over a two or three year agreement and at the end of the term [More...] the vehicle is collected by the leasing company and disposed of for you. These Personal Contract hire arrangements typically only require a minimal initial up front payment normally the equivalent of 3 months rentals, this is then followed by a further 23 or 35 payments.
With most personal leasing agreements the vehicle is delivered to your home or place of work and will have road fund licence included for the first twelve months, in fact most of these contracts will include road fund licence for the full term of the hire agreement. You can also specify whether you want to include full maintenance provision to your hire agreement. This will enable you to budget the running costs of the car accurately as all routine servicing,breakdown cover and tyres are included,only accidental damage is normally excluded.
Once your contract is due to...read more
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