Contract Hire

At we will be providing a guide to contract hire and car leasing companies worldwide.

Contract hire is a car leasing finance option. It is essentially a long-term rental agreement, so at the end of the contract you don't own the vehicle, you hand it back to the leasing company.

If you prefer, there are also Personal Contract Purchase (PCP) agreements that give you a purchase option at the end of the term by making an additional balloon payment.