How does contract hire work?
Under Contract Hire, we retain legal ownership of the vehicle and simply hire it to you for the duration of the contract. The amount you pay for this is largely dependent on what we anticipate the vehicle will be worth once the contract ends and the vehicle is disposed of. It will also include an allowance for all the relevant registration fees and road tax. Additionally, you can choose to include vehicle servicing and maintenance, breakdown cover, insurance and accident management within the contract.