14th October 2021
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At Hippo Leasing, contract hire is one of the most popular forms of leasing, for both personal and business leasing.
14th October 2021
You simply choose the manufacturer and model of car that you want and we will manage all the hard work from there.
If you would prefer to speak to us straight away, give us a call on 01254 956 666 and one of our friendly account managers will be on hand to help.
Vehicle ownership is not an option, no early settlement option, there will be a vehicle arrangement fee of £195.00 + vat, the vehicle upon return is subject to suitable condition and there may be administration charges for collection or damage charges incurred, an excess mileage fee is payable at the end of the lease term if you exceed the agreed mileage parameters
What is Contract Hire (CH) leasing?
Contract hire is a type of car lease whereby fixed monthly payments are made for an agreed period of time. This type of car lease gives you cost-effective access to new vehicles without a large drop in value associated with buying a new vehicle outright. A CH tends to require a more substantial deposit than a Personal Contract Purchase agreement.
What happens at the end of a Contract Hire agreement?
CH agreements are perfect for those that are certain they would like to return the car at the end of the agreement. When the contract ends, the car is simply returned. You’re never the registered keeper of the vehicle so you simply return the car and walk away.
Why choose Contract Hire?