Personal Contract Hire
Personal Contract Hire is ideal for individuals who want to avoid the risk and hassle of purchasing, servicing and selling the vehicle.
You enjoy all the benefits of using the vehicle and the finance company retain all the risks of owning it.
Budgeting is easier as costs are fixed and known from the beginning, you can also include all maintenance costs and RAC recovery in the fixed monthly rentals, leaving only vehicle insurance and fuel to worry about.
Contracts are tailored to your needs and budget from the outset and can be extended or terminated at any time subject to contract.
There is a substantial reduction in financial risk for the individual, where residual values are concerned, as interest rates and maintenance costs are the responsibility of the finance company.
Personal Contract Hire at a Glance
- Fixed Cost Motoring
- Low Initial Payment
- Risk on Residual Values and Maintenance Eliminated
- Simply hand the vehicle back at the end of the term of contract and get a new one
- Hassle Free Motoring