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 descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
T: 01792 712 555
Premier Commercial Vehicles
Unit 15B Prospect Park
Premier Commercial Vehicles are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 807812
Registered in England & Wales with company number : 11230967 | Data Protection No : ZA461627 | VAT No : 294943945
Registered Office : Unit 15b Queensway, Fforestfach, Swansea, United Kingdom, SA5 4ED
Copyright © 2019 Premier Commercial Vehicles, All rights reserved.