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: