Personal Contract Hire (PCH)

Specifically designed for the private motorist. This form of funding allows you to run your own car on a similar basis as a company car without having to pay tax on the benefit. Unlike many company car schemes you are not restricted in your choice of vehicle.


  • Fixed cost allowing easy budget management
  • Low initial outlay (usually 3 rentals in advance)
  • Supplier arranges delivery and collection of the vehicle
  • Ability to change for a brand new vehicle on a regular basis
  • No depreciation risk
  • No responsibility for vehicle disposal if returning the vehicle
  • Finance company carries the Residual Value Risk