One of the biggest decisions you will make when it comes to choosing a new car is what sort of finance agreement you are going to get. We get asked quite a lot about the differences between personal contract purchase and personal contract hire. It’s understandable, they are quite similar. However, there are some key differences that could be the decider in which agreement is best for you. So, in this article we’ll be looking at what personal contract purchase is, what personal contract hire is, and the main differences between the two. What is personal contract purchase? Designed for private individuals, personal contract purchase offers more flexibility than other agreements...
Ok, I get it. Sales people have a bad reputation for being pushy and oddly over friendly which can be somewhat disconcerting. But, not all salespeople are cut from the same cloth. Rid your mind of the picture of a suited estate agent type and instead cue an OSV vehicle specialist. A breath of fresh air, these guys are experts in car leasing and car finance. We'd say they were more customer service agents than sales people. Yes, they are there to sell leases but they are highly trained to ensure every customer who gets in touch are provided with all of the information they need to make the decision themselves. We don't do pushy.
Contract hire and contract purchase are very similar so it's easy to see why this features as one of our most frequently asked questions. There are some fundamental differences which we'll detail in this article. When deciding which lease option is best, it's essential to have all the information. Then, finding one that best suits your needs will be easy. You're welcome!
OSV Limited is an Appointed Representative of Automotive Compliance Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA No 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allows OSV Limited to act as a credit broker, not as a lender, for the introduction to a limited number of finance providers and to act as an agent on behalf of the insurer for insurance distribution activities only.
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