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VOLVO V50 5DR SPTWGN 2.0D SE SPT RDSGN P/SHIF

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Frequantly Ask Questions about Contract Vehicle Leasing

1. Who benefits if I do less miles that I'm contracted for?

Contract Hire.............	Finance Co
Finance Lease...........	Lessee
Contract Purchase.....	Lessee
PCP..........................	Lessee
Lease Purchase.........	Lessee
Hire Purchase............	n/a
Personal Lease..........	Finance Co
Outright Purchase......	n/a

2. What happens if I do more miles that I'm contracted for?

Contract Hire.............	Excess Charge
Finance Lease............	n/a
Contract Purchase.....	Excess Charge
PCP..........................	n/a
Lease Purchase.........	n/a
Hire Purchase............	Excess Charge
Personal Lease..........	Excess Charge
Outright Purchase......	n/a

3. Who owns the car at the end of the agreement?

Contract Hire.............	FinanceCo.
Finance Lease............	FinanceCo.
Contract Purchase......	Optional
PCP..........................	Optional
Lease Purchase..........	Lessee
Hire Purchase............	n/a
Personal Lease..........	FinanceCo.
Outright Purchase......	n/a

4. Who insures the car?

Contract ire...............	Lessee
Finance Lease............	L

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