Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
Personal Contract Hire
What is leasing?
Leasing is an agreement between the funder and a customer which allows you to drive a brand-new car for a fixed term. You pay an agreed initial payment plus regular monthly payments at a set amount for the term of the contract. You return the car at the end of the lease contract.
Why would you lease instead of buying a car or van?
Leasing has always been a popular option for businesses to acquire vehicles. More recently we’ve seen the personal leasing market grow rapidly, as people look to avoid depreciation and one-off large repair bills. Essentially, leasing a car or van allows you to spread the cost effectively. People may also find it’s an affordable way to get a higher value vehicle than they could afford if they were to buy it outright.
Why should I lease from AMT?
We’ve been established for over 20 years, and in that time, we have built up extensive knowledge of the marketplace and have developed strong relationships with manufacturers, dealerships, and funding companies. Our financial standing and size gives us buying power – we purchase stock vehicles and larger volumes of vehicles at very competitive prices which means we can offer low prices to our customers. We can also offer some in-house funding if credit is an issue. For example, if you’ve just started a company and would struggle to get credit from a funder.
Who is the registered owner and keeper of the vehicle?
If you take out a contract hire agreement the finance company is the registered owner and keeper.
How long is the contract hire or lease period?
Our contracts range from 12 to 60 months depending on the vehicle and contract chosen. If you want to try a new car for a period before committing to a 12 month+ contract, we can offer short term leasing from 3 months to 12 months, inclusive of maintenance, vehicles available immediately from our wholly owned premium and specialist fleet.
What’s the difference between contract hire and leasing?
There isn’t really any difference between contract hire and leasing – essentially, they mean the same thing. Contract hire is generally the term used when describing a business leasing agreement.
Should I take out a personal leasing or business leasing contract?
Businesses don’t pay VAT on leasing contracts, so this can be a good way to reduce your costs. However, if you have a limited company, depending on the company car tax implications, you may prefer to lease a car personally. If you’d like some advice on what’s best for your particular set of circumstances, just give us a call.
Can I take my chosen vehicle for a test drive?
Generally, we can’t offer test drives directly as we don’t have a traditional forecourt like a dealership. However, we do have relationships with dealers around the UK who we may be able to recommend for test drives. We also have our own fleet of rental cars across 4 AMT Vehicle Rental branches. So if you live near one, we may have the vehicle you want on our fleet. Just ask us how we can help you with test drives and make sure you come back to us when you know what you want so we can get you the best deal.
Will you part exchange my car?
We can offer a part exchange service. Just complete our online form or speak to one of our account managers who will be able to help you.
Do vehicles have a warranty?
How many miles a year am I allowed to do in my vehicle?
Will the contract include road fund licence?