Contract Hire could be the right choice for you if:

• You want the certainty of leasing your vehicle with fixed monthly rentals (subject to changes in VAT rates and VED), but without the option to own it at the end.

• You anticipate what your annual mileage will be and are aware if you exceed the permitted mileage, additional charges will apply as stated within your contract.

.• You'll need to pay the excess mileage charge detailed in your finance agreement for each mile you've exceeded the total permitted mileage by.

• You can commit to a specific term and accept there'll be early termination charges to come out of the agreement early.

• You’d like the simplicity of one monthly rental that covers your Vehicle Excise Duty. For this reason the V5 Registration Document will remain with Mercedes-Benz Finance throughout the term of the agreement.

Contract Hire isn't suitable for someone who wants the option to own their vehicle at the end of the agreement.

For more information on the features of the different products we offer, please visit the Comparison Table or our Finance Products FAQ page.

As long as all your monthly rentals and any charges (such as parking or speeding fines) have been paid, you can return your vehicle to us.

Your vehicle will be assessed against our Vehicle Return Standards (VRS). After the vehicle's return, you’ll be invoiced for any applicable charges due under the agreement, including any extra days’ rental, excess mileage (the pence per mile charge for going over your agreed mileage can be found in your agreement), and damage charges outside fair wear and tear.

We recommend you review these guidelines now and throughout your agreement.

When you’ve returned your vehicle, we hope you’ll lease another Mercedes-Benz through Mercedes-Benz Financial Services UK Ltd, subject to new credit checks at the time of your application. Ask your local Dealer for more details, as you approach the end of your agreement.

When taking out an agreement, Mercedes-Benz Financial Services UK Ltd will send you three documents: Your Finance Agreement Explained (reference only), Pre-contract Credit Information (reference only), and your Finance Agreement, which will require your signature.

To help you understand your agreement and make sure it’s the right plan for you, Mercedes-Benz Financial Services UK Ltd has included samples of each document below for you to read before taking out an agreement. Any financial data in both the Pre-contract Credit Information and Agreement documents is for illustrative purposes only. Information specific to your agreement will be sent to you if you decide to go ahead with your chosen agreement.

If there are any terms we use that you’re unsure of, take a look at our Glossary.

Got a question? Please speak to your local Dealer – you’ll find their details here .