Contract Hire is a type of agreement which involves renting a vehicle for an agreed period of time for a fixed monthly cost. This can be referred to as ‘PCH’ or Personal Contract Hire if it is for personal use, and BCH or Business Contract Hire if the contract is for business. You pay an initial, upfront rental amount and then a regular monthly rental amount to use the car for the agreed period of time, commonly 24 or 36 months.
There will be specific mileage conditions which will be agreed from the outset and will apply for the duration of the contract. It is important that your agreement accurately reflects your predicted mileage as you will have to pay an excess if you exceed it.
Under a Contract Hire agreement, you do not own the Vehicle and you will be required to hand it back to us at the end of the agreed term. You also have the option to include a Service, Maintenance and Repair (SMR) package for an additional cost. When the contract expires, you simply return your car*, and you can speak to us about your next car.
Visit Vauxhall to see the latest Personal Contract Hire offers or see the latest Business Contract Hire offers at Free2Move Lease.
*Damage and/or excess mileage charges apply. Details are available on request
Please seek independent tax advice to find out which finance product is right for your business.
Find out more about our responsibilities throughout the duration of the contract.
Registered Keeper:
Find out more about your responsibilities throughout the duration of the contract.
Rental Agreement:
Vehicle Service and Maintenance:
MOT and Insurance:
Fines and Penalty Notices: You are responsible for settling any penalties or fines connected with motoring offences (e.g. parking or speeding) with the issuing authority. Upon notification of any such offence, Vauxhall Finance will write to the issuing authority to transfer liability to you. We will charge you an administration fee for doing this. Please remember to pay all congestion charges, fines and fixed penalty notices immediately.
End of Contract:
Driving the Vehicle Abroad:
Contract Hire is available on new Vauxhall Cars and Light Commercial Vehicles (LCVs) between 24 – 60 months.
For further information please read the following:
Visit Vauxhall to see the latest Personal Contract Hire offers or see the latest Business Contract Hire offers at Free2Move Lease.
© 2019 Vauxhall Finance is a trading style of Vauxhall Finance plc, Registered Office – Heol-Y-Gamlas, Parc Nantgarw, Treforest, Cardiff, CF15 7QU.
Registered in England and Wales No. 275607 VAT No. 311 9782 01. Vauxhall Finance plc is authorised and regulated by the Financial Conduct Authority
Vauxhall Finance plc is a member of the Finance & Leasing Association and follows the FLA Lending Code. Copies of the code are available by clicking here.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by the GDPR Cookie Consent plugin. The cookie is used to store the user's consent for cookies in the “Analytics” category. |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to save user consent for cookies in the "Functional" category. |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by the GDPR Cookie Consent plugin. Cookies are used to store user consent for cookies in the “Required” category. |
cookielawinfo-checkbox-others | 11 months | This cookie is set by the GDPR Cookie Consent plugin. The cookie is used to store the user's consent for cookies in the “Other” category. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by the GDPR Cookie Consent plugin. The cookie is used to store the user's consent for cookies in the “Performance” category. |
Technical necessary - iAdvize | 11 months | The cookie is set by the Conversational commerce platform (livechat) which offers an authentic and profitable conversational customer experience at scale. |
view_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not the user has consented to the use of cookies. It does not store any personal data. |