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| Contract Hire | Personal contract Hire | Finance Lease | ||||||||||||
| Contract Hire Overview | PCH Overview | Finance Lease Overview | ||||||||||||
| Benefits | Benefits | Benefits | ||||||||||||
| Tax implications | Tax implications | Tax implications | ||||||||||||
| Contract Hire includes | PCH includes | Finance Lease includes | ||||||||||||
| Contract Hire Agreements | PCH Agreements | Finance Lease Agreements | ||||||||||||
| Used vehicle contract Hire | Used vehicle PCH | Used vehicle Finance Lease | ||||||||||||
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A Contract hire agreement is based over a set period for a set annual mileage. Contract Hire usually includes road tax and breakdown recovery (AA, RAC or similar). If you take up a maintenance package (or a full maintenance contract hire) then many other car expenses will be included in the monthly rental. All routine servicing and maintenance will be included in the rental. Whether your vehicle needs a service, new brakes, new windscreen wipers or a light bulb you simply book it into your local franchised dealer have the work carried out and drive it home - all the bills are paid by the leasing company. Equally when you need new tyres you take it to a garage or a tyre outlet. |
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Car leasing
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