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.
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T: 0161 222 3633 F: 0844 358 3843 E:
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Newbury Leasing 25a Chorley Road Swinton Manchester M27 4AF
Finance types
More about us
Newbury Leasing is authorised and regulated by the Financial Conduct Authority, we are a credit broker and not a lender. Registered No : 690568.
| Registered in England & Wales with company number : 4051316 | Data Protection No : Z7832313 | VAT No : 767930682 |
Newbury Leasing are a credit broker and not a lender, we are regulated by the Financial Conduct Authority. Registered No : 690568
Warning: Failure to maintain payments may result in termination of your agreement and the vehicle being returned. This could affect your credit rating and make it more difficult to obtain credit in the future. For more information and help, go to www.moneyadviceservice.org.uk
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