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Contract car hire may be for personal or business use. In the case personal car leasing hire the consumer or the lessee uses the car as he pleases but the ownership remains with the leasing company. The lessee regularly pay periodical lease amount to the leasing company and use the vehicle. On completion of the lease the lessee has to return the vehicle to the leasing company The main advantage for the lessee in the case of contract hire is that he need not bother about the depreciating the value of the vehicle as the vehicle will become the property of the lease company after the lease period. Various lease options are available in the internet by various companies depending upon the type of the vehicle and period of lease. Some companies even offer to sell the vehicle at the depreciated value or residual value of the vehicle. The customer also who is used to drive that vehicle may like to own the vehicle for luck and convenience. In the case of business car leasing the consumer has to calculate his income and expenditure including maintenance and lease amount to go in for a contract car hire deal with any leasing companies.