Motoring Discussion > Contract hire makes no financial sense to me Miscellaneous
Thread Author: Iffy Replies: 6

 Contract hire makes no financial sense to me - Iffy
I reckon contract hire is a hopeless deal for the private motorist.

Casting around a few websites, something like an Aygo is around £180 a month on a '35+3' three-year deal.

So over three years, you make total payments of around £7,000 on a car that costs, er, around £7,000, with nothing to show at the end of it.

Buy the car, and you have a three-year-old supermini to sell after three years.

All other things - tax, insurance, maintenance - are equal.

The contract hire deal is a dead loss - or have I missed something?
 Messages Author Date
 Contract hire makes no financial sense .. new Iffy 23 Feb 10 14:42
 Contract hire makes no financial sense to.. new Runfer D'Hills 23 Feb 10 14:46
 Contract hire makes no financial sense to.. new Fenlander 23 Feb 10 14:57
 Contract hire makes no financial sense t.. new Falkirk Bairn 23 Feb 10 15:28
 Contract hire makes no financial sense .. new Fenlander 23 Feb 10 16:00
 Contract hire makes no financial sense.. new RattleandSmoke 23 Feb 10 16:05
 Contract hire makes no financial sen.. new Iffy 23 Feb 10 18:11
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