Citroen C5 Leasing - Personal contract hire
Personal Citroen C5 Leasing is also known as a personal contract hire or personal contract purchase (PCP). The lease will be set usually for 2 or 3 years time and you will agree on the annual mileage at the start. The only difference between a personal Citroen lease and a business citroen lease is that on a personal contract you will have Vat included in the monthly price - thats it. You will still get the same levels of service as with the contract hire in that you will recieve a full UK warranty with every car and also nationwide breakdown cover. Each year of the personal contract hire will include road tax inculded in the price and you will also have your new Citroen C5 delivered free of charge.
A Citroen C5 leasing contract has a number of advantages over purchasing your chosen car. First off when you pay outright for a vehicle you will always suffer with depreciation the minute you drive it away from the dealership. This is a factor that will usually effect you daily until you sell the car.With a personal contract hire you will simply have the car collected at the end and have no final payments to make.You will be then free to arrange to have a new personal contract hire Leasing vehicle delivered.If you had purchased the C5 you would be more than likely to have entered a longer agreement upto 5 years in length or have a final payment to make to keep the car. After the three year mark though you will have to be aware that you will also have to MOT the car and pay for any faults that occur as the warranty will also have expired.
If you have decided that a Citroen personal leasing agreement is the option for you then you will only need to provide some basic information such as address history and employment details etc. This info is passed onto the finance companies underwritters and they will assess you application like any other finance proposal. Once approved your personal contract hire Citroen C5 can be ordered straight away and depending on stock - can be delivered within 7 - 10 days time.
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