When companies are purchasing new fleet vehicles, they very rarely use traditional methods that may of been used in the past such as buying the car out right from a dealership which can be an expensive and risky way to purchase a new vehicle or Hire purchase which is how most people tend to acquire a car. 

Most companies will now make use of the great deals and low monthly repayments that car leasing company’s can offer. Leasing a car or van usually has a 2 or 4 year contract although shorter contracts can be agreed you might pay slighter more on your monthly repayments.

There are many options for a company wishing to lease a car that will need to be made and these choices will also reflect in the monthly repayment.
Contract Hire without maintenance which is the most common option that leaves you servicing the vehicle and making sure it is safe to drive. 
With the rising costs of servicing cars a few companies are taking the option of contract hire with maintenance this gives the company an accurate fixed monthly repayment and leaves them free to walk away at the end of the lease contract.

Contract purchase is where the company will pay the car over a period of time i.e. the lease period.  You can often agree lower monthly repayments and then pay of the outstanding value at the end of your contract but you’ll end up paying slightly more interest this way.

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