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Personal Contract Hire (PCH)

Available from Snows across Southern England

Personal Contract Hire is one of the most popular ways to buy a new car. PCH is a type of long-term rental that will suit you if you're not looking to buy the car at the end of the finance agreement. You will need to agree an approximate mileage estimate at the beginning of your contract and have comprehensive car insurance.


How does Contract Hire work?

You lease the car for an agreed period of time by making fixed monthly payments. This could be for 24, 36 or 24 months, depending on which manufacturer and model you choose.

You will agree on an annual mileage, which you will have to adhere to, or some manufacturers may charge an excess mileage charge.

 When the contract expires, you simply return the car and can take out a contract on a new vehicle.

What are the benefits of Personal Contract Hire?

✓ Flexible
✓ No balloon payment at the end of the contract
✓ Fixed payments, enabling easy budgeting
✓ Some PCH packages come with maintenance included
✓ Smaller deposits can be placed
✓ Typically lower monthly payments than PCP
✓ You won't have concerns about the depreciation of the vehicle


Are there any cons to Personal Contract Hire Agreements?

Personal Contract Hire agreements will have a mileage limit
The vehicle usually needs to be returned in "good condition" meaning you could be charged for repairs
There may be a restriction on taking the vehicle abroad
You won't own – or have the option to own – the car or van at the end of the agreement

Learn More About Personal Contract Hire

Watch the video below to understand more about Personal Contract Hire, so you can feel confident it is the right choice for you.

If you have any further questions, our team are on hand to discuss each option with you. Feel free to give them a call or visit our dealerships during opening hours.

Explore our PCH offers on our website to find your dream car.