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Personal car leasing has become a roaring business all over the world now. In western countries the number of cars taken for lease is more than the cars bought. Contract Car hire in a way helps a person to choose the latest editions of the brand he likes and a new model which arrives at the market without bothering about the car he is holding now. In US or UK used cars have not much value. As such people do not want to take the risk of depreciation on the value of the car. Business car Leasing companies offer various options to the consumer. Some companies offer car accessories free along with car some offer free insurance cover both for the car and the lessee. We have many Contract hire companies offer easy payment of lease rent. Even bank loans are arranged to meet to leasing expenses. After the lease if the lessee wants to own the care he can do it by paying the written down cost or some agreed price with the leasing company. Some people want to go for lease for a premium car instead of buying a lower branded car by paying its price. Experts have calculated that leasing a car is better option than going for outright purchase.