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Personal Contract Hire is generally used when a company offers a ‘cash for car’ alternative but is also ideal for individuals who want to avoid the risk and hassle of buying, servicing and then selling the vehicle.
You enjoy all the benefits of using the vehicle and we retain all the risks of owning it.
The benefits include:
Easier budgeting as costs are fixed and known from the start. You can also include all maintenance costs and RAC breakdown recovery in the fixed monthly rental, leaving only fuel and insurance
Smoother cash flow, with only a small initial payment of typically three month's rental, and no final balloon payment
Frees up your time as we handle all the administration of supplying, servicing and disposing of your vehicle
Contracts can be tailored to your needs and budget from the outset. They can also be extended at any point should your requirements change
Reduced financial risk for you as residual values, interest rates and maintenance costs are our responsibility.
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