Personal car leasing is car leasing specific to an individual rather than a business where:

1. a person obtains a car from a leasing company or a dealer by committing to making an agreed monthly payment for a 2, 3 or 4 year period.
2. they pay an upfront fee (usually 3 months if they have a good credit rating) and take possession of the car for the agreed period ,after which they hand the car back to the car leasing company or dealer and can get a new one.
3. legal ownership is retained by the finance company.
4. Often the car is delivered to your door.

Lower, Fixed Monthly Payments - You only pay for the 2, 3 or 4 years that you use the car (i.e. not the entire cost of the car), so your monthly payments are often much lower than other finance options for the same car and same term. More Car, More Often – With lower monthly payments, you CLICK TO READ MORE >>>

For some people, a feeling of ownership is important, however, with car leasing you do not own the car as ownership is retained by the finance company. In such cases it becomes a trade-off between how important it is for you to own the car versus a lower monthly payment and an upgrade of a CLICK TO READ MORE >>>

Personal Contract Hire (PCH) is a personal car leasing product. You pay an upfront fee (usually 3 months depending on your credit rating) and then a monthly car lease fee to obtain a new car for a period of typically between two to four years but you do not have the option to buy the CLICK TO READ MORE >>>