This funding method is basically contract hire for the private individual. It is known by most individuals as “leasing a car”.
The customer, whilst not owning the vehicle, benefits from the leasing company and Anthony K's buying power to drive down the cost of the monthly rental.
Personal Contract Hire can offer a cheaper alternative to Personal Contract Purchase where the leasing company is benefiting from their purchasing terms with the manufacturer or chosen supplier. It is worth comparing the two. Because the car is being 'bought' by the leasing company they benefit from huge discounts to pass on to you in lower rentals.
Key customer benefits:
This is the most straightforward way to fund your new car. Be careful when researching as many Business Deals that you see will not be available to the 'consumer'. As always find a recommended contact to help you out.
