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.
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Leap Vehicle Leasing
Leap Vehicle Leasing are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 838688
Leap Vehicle Leasing is a trading style of Andrew Gartside who is authorised and regulated by the Financial Conduct Authority. We are a credit broker and not a lender. We are an independent vehicle finance/leasing broker and operate with a panel of carefully selected funders. We may receive commission and/or other benefits from the finance provider if you enter in to an agreement with them. We will also charge you an administration fee of £200 plus VAT to cover the cost of sourcing and locating your chosen vehicle that matches the criteria you have selected.VAT No : 970 2394 16
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