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: 0845 269 1105
F: 0845 269 1106
ACL Automotive Limited
2A Gaunts Business Centre
ACL Automotive Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 723172
Registered in England & Wales with company number : 07322650 | Data Protection No : Z238463X | VAT No : 994 9933 36
Registered Office : The Carriage House, Mill Street, Maidstone, Kent, ME15 6YE
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