Personal Contract Hire
Once the reserve of businesses, personal contract hire (or leasing to give it its more informal name) […]
A Contract Hire agreement is the purest form of car leasing. You only have the option of handing the car back at the end of the agreement. When people talk about car leasing, they are referring to Contract Hire (CH). It works simply with you paying a deposit followed by a series of monthly payments for the duration of the agreement. These are commonly available on brand new cars.