A personal car lease is the best option for employed individuals and sole-traders who aren’t VAT registered. Prices for personal deals are quoted with VAT included as standard as it cannot be claimed back. One of the main benefits of personal leasing is that the credit check is done against a single individual and not an organisation. The main difference between personal car leasing and contract hire is that at the end of the leasing agreement you get the option to pay to keep the car – with contract hire you don’t.