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Should I lease or contract hire my new car?

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14 May 2009

Businesswoman considers car leasing

Car leasing: your options

By Kevin Cavanagh, managing director, Vesource

Should I lease or contract hire my new car? Should the lease go through the business or not?

Many people ask this question. The reason? Because they are unsure of the difference between car leasing and contract hire.

On the face of it, it can be confusing. However, this question all comes down to terminology.

Contract hire is actually just a type of car leasing. So maybe a better question to ask would be:

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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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