Finance Information

Personal Contract Hire (PCH)

Personal Contract Hire (PCH) is based on a fixed term contract where customers pay an agreed monthly charge for the use of a vehicle for a previously agreed period.


Advantages of PCH:

  • Flexible initial payment

  • Fixed term contract

  • Fixed mileage contract

  • Fixed cost motoring

  • Flexible profiles to suit you

  • You only pay for the use of the vehicle

  • At the end of your contract simply hand the vehicle back

  • Option of including maintenance with the contract

  • No depreciation or disposal risk

Business Contract Hire (BCH)

A simple and cost effective way to fund any number of vehicles

Business Contract Hire is a long term rental agreement. Contracts range from 12 to 60 months and are tailored to the businesses requirements.


Advantages of BCH:

  • Minimum capital expenditure

  • Accurate monthly budgeting

  • Improved cash flow

  • Rentals can be offset against the businesses profits. Cars with a CO2 output above 130g/km are currently subject to a 15% disallowance on the amount of the rental that can be claimed against the businesses taxation, for contract-hired cars with a CO2 output of 130g/km or below, there is currently no disallowance.

  • Reduced administration

  • On-going advice and support

  • Road Fund Licence provided (vehicle excise duty paid) for duration of contract

  • Optional maintenance package

  • Optional breakdown rescue cover

  • Optional replacement vehicle cover in event of breakdown

  • Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company

Get In Touch

Registered Office:

121 Spon Ln, West Bromwich B70 6AR

Tel: 0121 3202912

Mon-Fri  -  9:30am - 5:30pm

Leasing Wheels are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 828828

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