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 vehicle 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.
T: 0800 433 2577
Ace Vehicle Leasing
Office 5 Burgh Business Centre
75 King Street
Ace Vehicle Leasing is a trading name of AVL Contract Hire and Leasing Limited who are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 758262
Registered in Scotland with company number :SC485519 | Data Protection No : ZA193102 | VAT No : 228053032
Registered Office : Unit 5 Burgh Business Centre 75 King Street Glasgow G73 1JS
Copyright © 2017 Ace Vehicle Leasing, All rights reserved.