You have now decided the car or van you want but how do you finance it? Well before you buy, with your hard earned cash, have you ever considered Contract Hire?
Contract hire is an effective form of vehicle finance offering fixed cost and risk free motoring, to car and commercial van users. With contract hire, you never own the vehicle; you are renting it for periods usually from two to four years. Maintenance, servicing, Vehicle Excise Duty, breakdown recovery, tyres, batteries, exhausts and even a replacement vehicle can all be built into the rental.
The resale value of the car is the biggest factor that affects the monthly rental charged. Each contract hire company will set a completely different future resale value and therefore obtaining three or four quotations, from different companies, is recommended.
Prompt Payer has partnered with Comparecontracthire.com, which is a new car and van contract hire price comparison site, allowing you to quote online and obtain several quotations at one source. They have twelve contract hire finance partners supplying pricing, namely Arval, Hitachi Capital, Masterlease, jamjar cars, Days Contract Hire, TCH Leasing, Grosvenor Contracts, Alfa Romeo Contract Hire, Saab Contract Hire, Fiat Auto, Chevrolet Lease and Vauxhall Leasing.
You will be dealing directly with the finance companies and not via third party intermediaries, thereby saving you time and money. Both business and personal contract hire prices are available, however the companies do choose which finance products they want to supply, so the number of pricing results may vary by the various search criteria on the site. Simply narrow down your choices, then contact the finance company directly, for further information.
The site has five ways to search for prices namely;
- 1. By exact make and model - if you know what you want.
- 2. By a CO2 shopper - if you want to search for rentals by CO2 g/km ranges.
- 3. By Combined MPG - to search for rentals by fuel efficiency.
- 4. By a £ rental per month - if you just want to search by price.
- 5. Or finally by a Special Offers section, which is updated every month, showing the latest short term deals the various leasing companies have negotiated.
However, if you just want to search for information about vehicle options, accessories or other technical data, try the Vehicle Shopper. The site has lots of other motoring information that you may find of use.
Click here to find out more.