Private Car Leasing
Private Car Leasing | Personal Contract Hire
Individual car leasing or contract hire for personal use is similar to business contract hire but particularly meets the needs of private car users.
When leasing a new car through personal contract hire, the individual pay a a fixed monthly leasing fee until the lease contract ends. A new car can be leased with a new lease contract.
Leasing cars under the personal contract hire scheme allows to benefit from predictable, fixed monthly budgeting and the possibility to upgrade regularly to a newer car.
Private car leasing is not available in all countries. Moreover, if leasing a car for private use and visiting another country, it is important to check in advance what specific documents might be required by the foreign traffic police to make sure you can drive a privately leased car without any hassle.
Personal contract hire would normally have a car insurance included in the lease package. The insurance conditions in this case should be checked with your leasing agent or the lease company to ensure that the leased car is insured in accordance to your private use expectations and if other drivers are allowed to benefit from your private car lease.