Personal Contract Hire
Personal Contract Hire is essentially the same as Contract Hire but is exclusive to private individuals. Offering the same benefits as Contract Hire, it provides fixed cost motoring and is an alternative option to those who may have opted out of a company car scheme.
Personal Contract Hire provides you with hassle free motoring without the residual value risks associated with traditional ownership. Maintenance packages may also be available, helping avoid any nasty surprises.
VAT is built into the monthly payments, but is not reclaimable by private individuals.
Personal Contract Hire benefits are:
Allows you to hire new or used vehicles
Includes a full-term Road Fund License
offers the option to include a full maintenance package, providing worry-free motoring.