Contract Hire
	Finance Lease
	Contract Purchase
	Lease Purchase / HP
	Personal Contracts / PCP

Personal Contracts / PCP

For private individuals who want a hassle-free and cost effective way to finance and maintain a vehicle. The individual can choose a full maintenance or non-maintenance option. A residual payment is incorporated into the contract and is payable at the end of the primary contract period, should the individual wish to acquire ownership of the vehicle. Alternatively the vehicle can be returned to the finance company at this point.

Highlights:

• Low deposit (usually equivalent to three monthly payments)
• Mileage restrictions apply
• 18- 60 month contracts
• Any vehicle - new or used
• Breakdown cover included for full contract
• Optional eventual ownership
• Allows a private individual to benefit from the fleet buying power of the leasing company
• No decision on the option to purchase need be taken until the end of the contract