Contract Hire is simply a method of hiring new vehicles for use over an agreed time and mileage without ownership, the monthly rental is fixed 

This is a funding method for VAT registered companies that wish to have the vehicle  shown as an asset on their balance sheet.

Lease purchase contracts is available to business customers. 

Personal Contract Hire (PCH) provides a fixed cost motoring that has all the benefits of Contract Hire in a personal package.

Personal contract purchase (PCP) is a vehicle finance agreement available to private individuals (i.e. not businesses). 

Personal hire Purchase (HP) is a vehicle finance agreement available to private individuals.

Flexible short term contract hire which provides you with vehicles when you want them and give them back when you don’t

For companies who are fully or partially exempt from VAT / if you run a fleet of higher grade vehicles 

Once you have decided on  your new vehicle, the next big decision is the most efficient method of funding it.