Personal Contract Hire
Personal Vehicle Contract Hire is a great solution for private individuals offering fixed rentals for the period of hire, PCH reduces the risks normally associated with ownership such as falling used car values. As with Business Contract Hire & commercial car leasing this is a fixed term hire arrangement and is becoming an ever increasing route for individuals who have been given the opportunity to opt out of their company car scheme and receive a car allowance.
Key Benefits
- Fixed monthly cost
- Low initial outlay
- No disposal costs
- Maintenance can be included
- Road fund licence normally included for the duration of hire
- No depreciation worries
- No company car benefit taxation
