Contract Hire represents an agreement between two parties to lease a vehicle for a set time period (and mileage) at a fixed monthly cost.
Personal Car Leasing is an agreement for a period of time, typically 12-60 months, whereby you make pre-agreed monthly payments.
Hire Purchase is where the borrower agrees to purchase an asset from the lender over a specified period. You own the item at the end of the contract.
Lease Purchase is generally a cheaper option than Hire Purchase, and can be more flexible than Personal Contract Purchase.
Monthly payments tend to be lower for car leasing than other types of finance. With tax and warranty also included in the deals, it’s great value for money.
Leasing a new car means you’re covered by the manufacturer warranty and road tax is already paid for. It’s easy to understand and complete, with no hidden terms or fees.
Home delivery on lease cars is free, and all cars are delivered by the manufacturers’ main dealer network for extra peace of mind.
The rate you are offered will depend on your individual circumstances.
All loans are subject to status. The interest rate offered will vary depending on our assessment of your financial circumstances and your chosen loan amount.
5.5% APR Representative based on a loan of £10,000
repayable over 60 months at an interest rate of 5.5% pa (fixed).
Monthly repayment of £190.39. Total amount payable £11,423.40.
Wizborn.co.uk is a licensed credit broker and not a lender. The website is registered in the UK and is authorised and regulated by the FINANCIAL CONDUCT AUTHORITY (FCA). WARNING: Late repayment can cause you serious money problems. For more information, go to MONEYADVICESERVICE.ORG.UK.
Wizborn.co.uk does not charge any fees. If you are contacted by anyone claiming to be from Wizborn.co.uk and requesting you to make a payment, report it to www.actionfraud.police.uk.
All Loan approvals & Quotes are subject to Credit Score and Affordability requirements by lenders. If you meet the lender’s criterion, you can borrow the money. We as a broker make an attempt to process your application with the most suitable lenders in our panel.