Personal contract hire carsPersonal contract hire is commonly referred to as a vehicle lease. The vehicle is purchased by the finance company who estimates the value of the car at the end of the term. Your monthly payment consists of depreciation and interest. The benefits are simply no residual value risk and fixed payments. The vehicle has to be returned in a reasonable condition. Plus no more mileage than stated at contract inception or the finance company will levy a charge for this. We work closely with manufacturers, large motor groups and key finance partners to offer some of the most competitive car leasing deals on the market.