What is Personal Contract Hire?
Personal Contract Hire deals offer you a low cost way of funding a new car or van without any of the issues of ownership. With PCH deals you select your expected annual mileage and a contract term to suit your budget. At the beginning of your PCH agreement you’ll pay a small initial payment followed by set monthly payments until the end of the personal lease.
At the end of your Personal Contract Hire deal you’ll hand the car back to the supplier leaving you no worries about the car or vans depreciation and free to walk into another fantastic car or van leasing deal.
A typical PCH example:
||12,000 miles per annum
|Initial Rental (inclusive of VAT):
|Followed by 35 monthly payments of (inclusive of VAT):
|Excess Mileage charge:
||7.5 pence per mile
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