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What is Contract Hire?
Sometimes referred to as an Operating Lease or Full Service Lease, the vehicle is sold to Mazda Contract Hire by the supplying Dealer and is then leased to the customer for a fixed period, at a predetermined monthly payment - based on a mileage that the customer believes they will not exceed by the end of the contract. Mazda Contract Hire is referred to as the Lessor and the customer is the Lessee. At the end of the contract, the customer returns the vehicle to Mazda Contract Hire.