Personal contract hire (PCH)
No administration burden or cost for the employer as the lease is direct with the employee, and payments are made by direct debit from their bank account.
Personal contract hire is an excellent solution for your employees looking to finance a new car, whilst benefiting from both corporate discounts and corporate finance rates.
Employees have the choice of any make or model, with flexible contract and mileage terms. All leases will include servicing, tyres, maintenance, break-down and accident management as part of the monthly payment.
Key Features for Employers
- No employer risk or liability
- No cost or administration burden for employer
- FCA-regulated, providing full consumer rights for your employees, but no need for a consumer credit licence
- No costs or administration at setup or ongoing
- Enhances employee benefits package
- Can help to retain, attract and motivate staff
Key Features for Employees
- Single payment to include all costs related to running a vehicle, with exception of fuel
- Access to corporate discounts and corporate finance rates
- Access to all makes and models
- Will be subject to credit check to ensure affordability
- Full consumer rights and protection
- Monthly rental will include all maintenance and tyres for the duration of the contract
- Web portal access
Personal contract hire is supported by a comprehensive quotation and vehicle ordering portal, allowing employees to access special offers, compare vehicles and place orders.
Contact us on 0344 854 5161 or fill out the form below and find out what employee benefit best suits your business.
Your employees will have access to special offers, providing them with further savings on selected cars.