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What is lease hire and is it different from contract hire?

Lease hire, contract hire – are they the same? If they’re not, what’s the difference? And is a finance lease different from a contract hire lease? If so, which is better for me? Director of strategic partnerships at Lombard Vehicle Management, Ed Pigg, provides a succinct guide.

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18 August 2006

Ed Pigg, head of sales, Lombard

Pigg: contract hire is simpler

By Lombard

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Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

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