Contract hire is a vehicle leasing contract that is incredibly versatile - whether you are a sole trader, a limited company or a partnership. The greatest advantage of contract hire is that you will only pay a fixed rental on a month by month basis and usually included in the package is the service and (should you need it) the repair of the vehicle you have chosen. It is wise to be sure that this is included in any offers or deals that you look at as you will avoid any unexpected costs regarding the vehicle. Contact hire is generally offered on 18 - 48 month contracts, at which time you should be able to return the car to the lender with no hidden costs.
Personal contract hire