Non Status contract hire

By: James Alex

Here at MSG Leasing we are able to offer you car leasing on any UK car or van - even if you have a bad credit rating, been previously refused finance, have adverse information such as CCJ’S - defaults - Iva or even a previous Bankruptcy. A Non status contract hire agreement can help you to drive the car of your choice when you are finding it difficult to get approved with mainstream finance companies.
But what does contract hire mean? Quite simply this is another word to describe a car lease where by you select the car or van of your choice and have a fixed monthly payment agreed over usually a three or four year period. At the end you simply hand the car back and are free to take a new vehicle once again. The benefits of a Non status contract hire are that you don’t need to worry about the value of the car depreciating as you don’t own it. The finance company when calculating your rental take this into account but even if the market drops suddenly and used car prices plummet - your direct debit based payment will not alter by one penny.
To read more please click http://www.msg-nonstatuscontracthire.co.uk/finance/non-status-contract-hire/

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