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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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On certain qualifying used vehicles it is possible to take out a contract hire agreement and reclaim the VAT. The benefit of doing this is that you either have to pay less for your vehicle or you that you can have more car for your money. Used Vehicle Contract Hire is the same concept as Contract hire. You pay three rentals followed by the balance of payments, normally two, three or four years. You can opt to have a maintenance package and at the end of the contract you return the vehicle. With Used Vehicle contract hire you can drive a car of your dreams. Often a six month old car has depreciated in value significantly and therefore the overall cost of the lease is lessened. Some of the best value used car contract hire deals can be found on premium brand vehicles |
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Car leasing
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