Contract Hire Most Popular Funding Method

Saturday, 26. September 2009

 Contract hire is still by far the most popular method used to finance vehicles according to members of the British Vehicle Rental and Leasing Association. Contract hire of cars has remained pretty static over the last 5 years, consistently hovering around 1.3 million mark. LCV’s (vans) have dropped slightly over the years from 180,000 to 176,000. Contract purchase and personal contract purchase have both dipped over the last year. So it seems that businesses and consumers continue to understand the benefits of contract hire, long may it continue. By Graham Hill

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Posted in Car Finance, Car Finance Info, Contract Hire, Essential Information, Graham's Latest Blogs, Hire Purchase (HP), Money Saving Tips, Motoring Tips, Personal Contract Purchase (PCP) by

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