Personal Contract Hire (PCH) - Private individual vehicle hire contracts, this funding method is basically contract hire for the private individual. It is commonly known as "leasing a car".
Personal Contract Purchase (PCP) - This option also gives the customer the benefits of leasing a vehicle along with the option to own it if they desire.
An excess mileage charge will be levied should the vehicle exceed the pre-agreed mileage allowance. This is charged at a pence per mile rate, usually at the end of the contract period and is detailed on the documentation and quotations prior to signing.
All vehicles must be maintained subject to the manufacturers’ terms and conditions. A maintenance contract can be included within the contract hire agreement at an additional monthly cost which will be detailed on the quotation and documentation.