You choose the manufacturer and model of car that you want, and we purchase it and can also manage and maintain it for you – it’s very straightforward. All you do is pay one fixed monthly fee – keeping your costs low and predictable.

  • Hassle-free motoring – we will do all of the organizing for you
  • Flexible payment structure – from 2 - 4 years
  • Running costs e.g. Maintenance tyres and servicing, can be included for easier fixed budgeting
  • No risk of unexpected vehicle depreciation
  • Possibility to reclaim VAT and business expenses depending on your circumstances
  • The vehicle is not subject to Benefit in Kind tax
  • PCH gives you fixed cost motoring

Like Business Contract Hire (BCH), Personal Contract Hire (PCH) involves leasing a car for an agreed period of time at a fixed monthly cost. For private individuals that means cost effective, flexible motoring.

The main difference between PCH and BCH is that the vehicle is funded by the individual rather than the business. As a result, the vehicle is not subject to Benefit in Kind tax.

All servicing and maintenance can be provided – giving you peace-of-mind that everything is running smoothly with no unpredictable costs. 

Features of Personal Contract Hire Are:

  • A comprehensive vehicle management package including (if selected) all servicing and maintenance
  • Flexible term and mileage options, tailored to your needs
  • We will ensure that you have complete support and guidance from the lender and for us at Tyson Cooper it is the long term relationship that we strive for, we want you to be delighted with the whole purchasing process and to have the peace of mind that we are here to support you in the life time ownership of your vehicle.

Personal Contract Hire is a simple and designed to save you valuable time:

  • Choose from a multitude of manufacturers
  • Agree your contract term and mileage. Maintenance including tyres and servicing can easily be added as an option
  • An appropriate fixed monthly payment amount is confirmed for the duration of the term
  • Your car will be delivered via one of Tyson Cooper approved dealers

At the end of your term, you simply return your vehicle back to the relevant funder. The vehicle should be returned in a condition that meets the BVRLA ‘Fair wear and tear’ guidelines, otherwise charges may be incurred, however we are happy to inspect/appraise the vehicle and advise accordingly to ensure that it meets with the returns policy. We can of course order your replacement vehicle to make sure that it ties in with the return date of your existing vehicle.
If you are VAT registered, you may be able to claim VAT on the percentage of the lease that relates to business use

Sale and Leaseback offers customers the opportunity to release funds by selling their owned vehicle fleet to us. We then lease the vehicles back to them releasing valuable capital for their business to use.

Key advantages:

  • Frees up working capital tied up in vehicles
  • Enables the vehicle fleet to be fully outsourced to the lease provider
  • All of the operational benefits of contract hire apply (e.g. fixed price motoring, residual value and maintenance protection)
  • For commercial vehicles, the VAT charged on the monthly lease payments is fully recoverable
  • The leasing company will be able to obtain capital allowances on the transfer value of the vehicle and should reflect the benefit in the lease rate charged