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Leasing Finance

Last Updated: 30th Nov 2018

How Does Contract Hire Work?

Contract Hire is the purest form of car leasing. You lease a car for a period of time and hand it back to the lender once the agreement has ended. It works by you placing a deposit down on a car of your choosing, followed by a series of monthly payments for the remainder of the lease. Most Contract Hire agreements last from between 24-48 months.