Personal Contract Hire.

This option is a popular choice for people opting out of their company car scheme or individuals requiring a low fixed cost way of driving a new or used car. This allows individuals to benefit from the purchasing power of major contract hire & leasing companies. Personal contract hire enables you to have fixed cost motoring with the option of changing the vehicle every 1 to 4 years dependent on the contract.

The road fund license is usually included in agreement but it is important to clarify this when requesting a quote. Servicing can be added to a personal contract hire agreement which includes maintenance, repair costs & breakdown assistance if required.

At the termination of the contract the car is handed back, there is no final settlement figure or balloon payment. The risk of depreciation is carried by the finance company as is the responsibility of vehicle disposal.

When you search for a personal contract hire deal on CarQuoteUK please check that the deal you require is available to personal users as some finance companies will only lend to business users. This is common in commercial vehicles.

. Low Initial Payments

. Fixed Cost Motoring

. Repayments Quoted should include VAT

. Includes Road Fund License

. Maintenance Packages Available

. Eradication of Depreciation Costs

. No Balloon or Settlement Figure at the end of the contract.

.Removes Vehicle Disposal Problems