Contract Hire (or Personal Contract Hire for individuals) is a fixed term contract where you or your business pay a set monthly rental for the use of a new vehicle for a set period. It benefits anyone wanting to eliminate the financial risk, outlay and ‘hidden costs’ often associated with buying, owning and then selling on of a vehicle.
After you have chosen your new lease vehicle, it is purchased by one of Northridge Cars Vehicle Leasing’s chosen funders (or finance companies) who will charge you a fixed monthly rental until the end of the lease period, giving you the use of a new vehicle. Once the term is over you simply hand the vehicle back, and either take out a new lease or not – it is completely up to you. There is no risk of depreciation, no hassle part exchanging and no need to borrow money to buy the vehicle. The finance company take on the risks of ownership, including: depreciation, unforeseen changes in vehicle value and the cost of interest.
All vehicles from Northridge Cars Vehicle Leasing are new and supplied direct from an Authorised Franchise Dealer. This means they come with the manufacturer’s warranty and roadside assistance. Road tax is included for the full term and Northridge Cars Vehicle Leasing also offer delivery free of charge to your door, anywhere in mainland UK.
If you're used to buying outright or borrowing to finance your vehicles, you might be surprised when you find out how much of the cost you could save by leasing a vehicle - and the cost is set for the length of the contract which means no nasty surprises.
When you give Northridge Cars Vehicle Leasing a call we can take you through the key advantages and limitations of leasing a new vehicle. We’ve listed the main points below so you can decide whether leasing is for you:
Email : contact@NRCLeasing.co.uk
Telephone : 01442 494 022
Company Address :
Northridge Cars Vehicle Leasing
1-3 St Albans Hill
NORTHRIDGE CARS IS AUTHORISED BY THE FINANCIAL CONDUCT AUTHORITY. We are a credit broker and not a lender, which means we can introduce you to a limited number of finance providers, who may pay us a commission. Registered No : 661126
Registered in England & Wales with company number : 4256533 | Data Protection No : Z3092722 | VAT No : 772506230 BVRLA Leasing Broker Registration Number 1965
Registered Office : 1-3 St Albans Hill, Hemel Hempstead, Hertfordshire, HP3 9NG
Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.
Copyright © 2021 Northridge Cars Vehicle Leasing, All rights reserved.
Powered by CALAS