Personal Contract Hire (PCH)

Personal Contract Hire, or PCH as its often called, is a car leasing finance option for company owners, employees or even private individuals for their own personal use. Personal Contract Hire is very much like normal contract hire, except where contract hire is financed through the company, personal contract hire is financed through the individual.

The Benefits

The advantages for having a Personal Contract Hire agreement are, delivery and collection are free, road tax is supplied for the duration of the contract and the monthly payments are fixed. With a PCH agreement there is also the choice of taking out a contract to include full maintenance that includes full services, replacement tyres, repairs, etc.

How does Personal Contract Hire Work?

The usual procedure in a Personal Contract Hire agreement is to pay a deposit (usually three months), followed by an agreed monthly sum normally starting at month two for the duration of the contract, typically over two, three, four or five years. At the end of the contract, the car is handed back to the car leasing/finance company with no additional costs to pay, and with a fresh PCH agreement organised.

Personal Service

At Car Leasing Direct, we specialise in close personal attention and know that we have some of the most competitive personal contract hire rates within the market. Not only do we gain quotes from our own system, but we also have many other finance suppliers, all of whom offer very competitive prices. Therefore, Car Leasing Direct does the ‘shopping around’ for you enabling them to obtain the best price to suit your budget.

If you are unsure of the specification, colour and interior, please click here and you will be taken to a page with all the featured manufacturers offical website links.