Here is an owner of a contract hire business based in Newcastle. She became semi famous when she appeared on the Dragons Den to ask for £50000 to help market her contract hire business.
However Ling was a bit unsure about here figures so she never go the investment. Anyway she did have a good business idea regarding contract hire and her site lings cars is very Eastern and takes a while to understand.
She claims 20% of cars in the USA are bought using contract hire but only 1% here in the UK. However other sources suggest that up to 50% of cars are leased in the UK, although not quite the same thing, it is a simialr concept.
Watch Lings attempt to raise mony for her contract hire website here.
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Trackback by STEVE — July 21, 2010 @ 3:09 pm