Personal Leasing or Personal Contract Hire is a rental agreement with fixed costs. It can be an effective way for you to fund a new vehicle.
You choose the manufacturer and model of the vehicle that you want and agree the terms of the agreement, such as the maximum annual mileage and length of agreement, and initial rental amount and fixed monthly rentals to suit your budget. The higher initial rental amount you pay, the lower the monthly rental will be. We’ll then purchase the vehicle and hire it to you. At the end of the agreement, you return the vehicle to us.
You can also choose to add our optional maintenance and breakdown cover, so we manage and maintain the vehicle for you. This cost would be included in your monthly rental, so you pay one fixed monthly payment.
You can find more information about personal leasing here.
You can find more information about the end of contract process under our end of contract FAQs.
Personal Contract Hire from Lex Autolease is available to private individuals aged 18 and over, and is subject to application and necessary credit acceptance.
You must have fully comprehensive motor vehicle liability insurance.
We will purchase the vehicle you have ordered and hire it to you for a fixed monthly rental payment using a regulated agreement.
With Personal Contract Hire from Lex Autolease you can drive away a brand new vehicle of your choosing. You pick the manufacturer and model of vehicle that you want. We then purchase the vehicle and hire it to you. At the end of the agreement you return the vehicle to us. Subject to mileage and return conditions. No ownership options.