Product Guide

Contract Hire
Contract hire is a vehicle-leasing contract for sole traders, partnerships and limited companies or PLC's. The Hirer benefits by paying a single fixed rental each month this includes road fund licence, also if required his fixed payment can include service and maintenance.

Rental periods typically vary between 12 and 48 months, there are no large initial payments to be made deposits are usually equivalent to 1 or 3 months rental.

The other benefits include the ability to reclaim the VAT element in the rental (subject to guidelines). Also not having to dispose of the vehicle at the end of the contract as the finance company carries this risk for the customer.

Personal Contract Hire
PCH is a product which has been especially designed for people leaving a company car scheme or joining a new company that provides a company car allowance, instead of a company car.

The vehicle rates are usually based on contract hire rates with the inclusion of non-reclaimable VAT.

PCH is available on all UK supplied cars; it is not available for 'Grey imports' of any kind. At the end of the contract the vehicle must be returned to the finance company. As the vehicle is returned to the finance company, the individual is not liable for any depreciation costs or disposal costs on the vehicle.

This product because of its benefits is the fastest growing market in the UK. All customers can now take advantage of PCH as long as they have a regular monthly income


Personal Contract Purchase
Personal contract purchase (PCP) is available to every one subject to status. PCP provides a new or used vehicle for a predetermined period, normally 12-48 months.

The hirer can choose between a zero deposit or a larger deposit depending on their circumstances. This is followed by fixed payments for an agreed amount with an agreed mileage.

At the end of the contract period there is a guaranteed future value that you have the option of paying to take ownership of the vehicle, or hand back without penalty as long as the vehicle has not exceeded the agreed mileage. An excess mileage charge will be levied as agreed at the beginning of the contract.

Outright Purchase
We have negotiated with a number of car suppliers, some special deals for people looking to buy their vehicle outright.

The current stock of vehicles changes on a daily basis. If you would like a quotation please contact our sales team.

Imported Cars
None of our finance companies will offer finance terms for grey or imported cars. We advise all customers to have a full RAC inspection on any of these vehicles before entering into any financial agreement.