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Questions about Car Leasing in the UK
Personal & Contract Hire
Short & Long Term Agreements Explained
What is Personal Car Leasing?
Personal Contract Hire
(PCH) (Best Option)
Personal Contract Hire also known as private car leasing is a popular car leasing option for
ex-company car drivers or for individuals, with or without a car
allowance, offering a fixed price
risk free motoring, with no pre-set option to purchase.
This is an
option where you lease the car in your name and not in the
company's that you are working for. With this option you will
have to return the vehicle at the end of the lease and lease
another if you need to.
You can claim at least 40 pence for every mile you drive from HMRC
(Her Majesty's Revenue and Customs) for the fist 10,000 miles
and 25 pence for over 10,000 miles.
That means you could deduct at least £4,000 pounds from your
annual income.
Do check with your accountant what you may or may not deduct or visit
HMRC Cars
and make your own calculations.
     
Personal Contract Purchase (PCP)
Personal Contract Purchase car leasing is a method of personal car
finance which offers a guaranteed optional purchase price for the
vehicle at the end of the contract. You may or may not buy the
car, it is really up to you.
Personal Lease Purchase (PLP)
Lease Purchase is a method of motor finance which is best suited
for the finance of prestige vehicles, like BMW's, Mercedes,
Porsche and where there is a potential and significant benefit in
taking on the responsibility of the residual value of the vehicle
and the end of the lease.
Personal Contract Options (PC)
Whether you choose the Personal Contract Hire option or Personal
Contract Purchase option, it is your choice of a contract which
may or may not include a maintenance agreement and will differ in
cost depending upon the two main criteria, the anticipated mileage
you are going to clock up on the vehicle and the length of hire.
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Why do I have to pay
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What is Personal Car
Leasing?
What
is Business Car Leasing?
          
See also:
 Town Cars
Popular
CarsFamily
CarsMPV/4X4Sport CarsExecutive Cars
Fuel Types:
Diesel
Unleaded
We can supply you with practically any car you could
think of.
email us
with your requirements.
Contracts
available for 6*, 12, 24 & 36 months.
Ask for details.
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built on simplicity and
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