Personal contract hire is commonly referred to as a vehicle lease. The vehicle is purchased by the finance company who estimates a value of the vehicle at end of the term and your monthly payment consists of the depreciation and interest. The benefits are simply no residual value risk and fixed payments but the vehicle has to be returned in a reasonable condition and not a greater mileage than stated at contract inception or the finance company will levy a charge for this.
* All images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
F: 0845 230 4477
EFL Vehicles Ltd
Empire Business Park
off Liverpool Road
EFL Vehicles Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 722358
Registered in England & Wales with company number : 07800704 | Data Protection No : Z2918843 | VAT No : 121343365
Registered Office : Britannic House 657 Liverpool Road, Irlam, Manchester, Lancashire, M44 5XD
Specialists in Unlimited Mileage Van & Car Leasing.
Copyright © 2019 EFL Vehicles Ltd, All rights reserved.