Personal Vehicle Finance
Future Vehicle Leasing are appointed representatives of Network Vehicles (part of the worldwide LeasePlan brand). Future Vehicle Leasing are also proud associate members of the BVRLA (British Vehicle Rental and Leasing Association).
Below you will find a brief overview of the differences between the personal vehicle finance options. If you require further clarification or unable to decide which finance options would be suit you, then why not give us a call on 08450 50 30 50 or contact us.
If you're a commercial enterprise or business, then read more about our commercial vehicle finance and available business finance options.
Personal Contract Hire
For private individuals wanting to benefit from the popular contract hire for businesses. This is fast becoming the most popular amongst private car users.
Main personal contract hire features and benefits include:
- Fixed rentals for the whole package, making budget planning simple.
- Flexible terms to meet your needs with variable duration and mileage terms.
- Maintenance can be included in monthly rentals.
- Simply hand the vehicle back after agreed term (no disposal risks).
Personal Contract Purchase (PCP) - Drivewise agreement
Main personal contract purchase features and benefits include:
- This is a conditional sale agreement which allows you the option to purchase the vehicle, or to simply hand it back at the end of the contract period. This is a regulated agreement (Consumer Credit Act - to protect your interests).
- You can include comprehensive service and maintenance repair options, as available through contract hire.
- Finance payments do not attract VAT. If you take the optional service package then VAT is payable on the service costs only.