trueFleet Contract Hire, Car & Van Leasing in Huddersfield, West Yorkshire
trueFleet Contract Hire, Car & Van Leasing in Huddersfield, West Yorkshire
Vehicle & Leasing Solutions
Vehicle & Leasing Solutions

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Vehicle Leasing & Contract Hire

 

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Vehicle Solutions

trueFleet® - Personal Contract Hire in Yorkshire

Personal Contract Hire (personal leasing) is simply contract hire but for private individuals

 

Personal Contract Hire (PCH) is based on a fixed term contract where customers pay an agreed monthly rental for the use of a vehicle for a set period.  It helps customers wishing to remove the financial risk associated with the disposal/sale of a vehicle.  Contracts are normally taken over two, three or four years, providing a high level of flexibility.

PCH is very similar to Business Contract Hire, whereby both are based on a fixed annual mileage which is agreed before the start of the contract.  You will need to calculate how many miles you drive each year before a quote can be obtained.  If you do exceed the agreed mileage at the end of your contract you will pay an excess mileage charge, which will have been agreed upon prior to signing your finance agreement.

If you would like to benefit from fixed motoring costs, then consider adding maintenance and recovery to your contract.  Maintenance covers scheduled servicing, routine maintenance, tyres, exhausts and batteries etc.  It is important that the vehicle is returned in accordance with the guidelines set out in the "Fair Wear and Tear Guide", a copy of which is made available to customers at the beginning of their agreement.

 

Advantages:

  • Flexible initial rental
  • Fixed term contract
  • Flexible term and mileage to suit your requirements
  • You only pay for the use of the vehicle
  • At the end of the contract, simply hand the vehicle back
  • No depreciation or disposal risks
  • Option of including maintenance and recovery within the contract

 

Disadvantages:

  • Early termination can be expensive
  • If you cover more miles than stated in your contract, you will be charged an excess mileage rate for each mile over that stated in your contract
  • You must look after the vehicle and return it in a well maintained condition, or you will be charged for any damage over and above that stated in the "Fair Wear and Tear Guide"
  • You must have fully comprehensive vehicle insurance
  • You will never own the vehicle, as there is no option to buy it

 

Have a question about Personal Contract Hire?

 

Call us on:     01484 866218

Email us on:  enquire@truefleet.co.uk

Or use our "contact us" button below:

Download a copy of our trueFleet® Personal Contract Hire information sheet
trueFleet Personal Contract Hire info.pd[...]
Adobe Acrobat document [428.6 KB]

" Buy that which appreciates and lease that which depreciates "

Billionaire oil tycoon, J Paul Getty


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© trueFleet® is a trading style of John Paul O'Leary | We are a credit broker not a lender | Authorised and Regulated by the Financial Conduct Authority FRN 685852 | ICO Registration Ref: ZA009514 | Address: 50 Whinmoor Drive, Clayton West, Huddersfield, West Yorkshire, HD8 9QA