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The benefits of Personal Contract Hire
Ford Personal Contract Hire is a solution for individuals that would like to benefit from a fixed monthly payment and the use of a vehicle for a fixed period of time.
Ford Personal Contract Hire works by paying an advance rental which is equivalent to a number of monthly payments up front, followed by 35 monthly rentals.
The monthly rentals vary depending on what vehicle you preference and the mileage per annum that you will complete. This needs to be predetermined at the start of the agreement where an excess mileage charge applies should you exceed it.
This type of contract is for customers that do not want to own the vehicle, but want to benefit from having the use of a vehicle still within warranty while having no concerns over the resale value. This product would not be suitable if you wanted to own the vehicle at the end of the agreement.
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