Contract Hire and Leasing: This is a method of acquiring a vehicle without having the weight of raising the funds to purchase it outright. Often the leasing of vehicles is aimed at business users; the hire of vehicles is a more free service and can be used by the general public.
Maybe you think why bother leasing when I can afford a car anyway? Well can you afford the car you really want? Leasing has the potential for you to drive one of the cars you have always dreamed about that you can’t afford to buy… have a look for yourself, search the internet and find a vehicle leasing website, take a look at all the manufacturers and models they offer, some sites offer high performance cars like lotus, Lamborghini, Ferrari etc. of course the price to lease or hire these is more than your average vehicle but you may just found that broken down into monthly payment you may just be able to afford it.
Personal Car Leasing: Leasing is a set period of time agreed by the company leasing and the customer, you will often be given a limit on total miles you can drive by the end of your contract, and these of course can be increased by paying more money. Lease and Hire can be for long or short durations, it all depends on what the company offer, the vehicle must be returned in the same condition you received it.
Another benefit of this service is that you do not have to worry about the value of the vehicle decreasing over time, simply run your contract out and swap it for a newer model.