Fleet News

Growth in PCH revealed by FN50 data

FN50 2019 logo

The split between business/fleet funding and private/retail for cars has changed dramatically over the past year.

Private/retail now accounts for 18% of the FN50’s car risk fleet, up from 12.8% in 2018, reflecting the increasing popularity of personal contract hire (PCH) products.

“There’s nothing new about the ‘cash or car’ conundrum,” says Ben Creswick, managing director of JCT600 VLS.

“However, there is no doubt the radical changes to the industry over the past 24 months have made this conversation much more prevalent.”

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