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.
T: 0161 509 7039
Diamond Contract Hire
Spectrum Business Centre
2 Commercial Brow
Registered Office : Hyde Park House, Cartwright Street, Hyde, Cheshire, SK14 4EH
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Diamond Contract Hire are a credit broker and not a lender, we are regulated by the Financial Conduct Authority. Registered No : 731954
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