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With a Hire Purchase type loan, the customer will have the option of,
becoming the legal owner of the vehicle once they have made all the
payments etc. Contract Hire works differently as the customer is not
being charged for the vehicle's value at the end of the contract - they
are giving the vehicle back to Mazda Contract Hire rather than paying for
the value of the vehicle at that point in time. Or in other words, the
customer is being charged the amount by which the vehicle has
depreciated over the period of usage (plus the cost of borrowing the
money and the optional maintenance contract).