In 1980, just 5% of the UK’s company cars were contract hired. Today the figure is over 40% and rising, as many financial experts opt to fund their fleets using contract hire, taking advantage of the numerous cost-saving and administrative benefits.
This is a definate trend, one of which the nation is following the lead of the U.S.A where the figure is nearer to 85% and growing all the time.
The personal leasing side of the industry has grown massively over recent years, with many people opting out of the traditional company car scheme and instead taking the cash option, allowing themselves a wider variety of vehicles to choose from.
West Way Nissan, the 11 strong Nissan dealer group have made 350Z sales top of their priorities this spring by launching offers to both private individuals and business users. You can now grab a brand new 350Z from just £26,795 or £340 per month + Vat on Contract Hire. The Nissan Navara and Qashqai models are also available from £19,995 + VAT and £12,995 respectively!
We have added useful guides to finance lease and hire purchase on ContractHireAndLeasing.com. These guides will help the customer to make an informed choice when selecting a finance method to lease or purchase a car or van.
The guides explain how these finance methods work, the pros and cons and who they are right for. You can view these helpful guides by clicking on the following links
Finance lease guide
Hire purchase guide
We have updated our short guide to daily rental on ContractHireAndLeasing.com. Featured in the guide is an explanation of what daily rental is, the pros and cons of daily rental and whether daily rental is right for you.
Please follow this link to read our short guide to daily rental
Quick guide to daily rental
We have updated our short guide to contract hire on ContractHireAndLeasing.com. Featured in the guide is an explanation of what contract hire is, the pros and cons of contract hire and whether contract hire is right for you.
Please follow this link to read our short guide to contract hire
Quick guide to contract hire