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29th Jun 2017 - Give our team of Leasing Consultants a call on 01442 920 920 for a tailored quote !

Personal Contract Hire

Personal Contract Hire (also known as PCH) is a fixed term contract where individuals pay an agreed monthly rental for the use of a new vehicle for a set period. It benefits individuals wanting to eliminate the financial risk, outlay and ‘hidden costs’ often associated with buying, owning and then disposing of a vehicle.

You will need to work out how many miles a year you will be driving before you decide on your contract and the vehicle will need to be returned in accordance with the finance company’s ‘Fair Wear and Tear Guide.’ A copy of which will be made available at the beginning of your lease.

All vehicles from Lease Comparison are brand new and supplied direct from an Authorised Franchise Dealer. They will come with the full manufacturer’s warranty and roadside assistance, road fund is included for the full term and delivery is free to any UK Mainland address.

Benefits of Personal Contract Hire:

•Fixed term and fixed monthly budgeting
•Use of a new vehicle with the manufacturer’s warranty
•Initial rental is adjustable to suit most budgets
•Contracts available from 5,000 to 40,000 miles a year, to match your own requirements
•No depreciation or disposal risk, you simply hand the vehicle back at the end of the term
•Optional maintenance saves you the cost of services, worn tyres and other maintenance
•For businesses, a proportion of the VAT can be claimed back
•Road fund is included for the full term
•No hassle in ever having to sell or part exchange the vehicle

Personal Contract Hire may not be suitable if:

•You might need to end the agreement early, as early termination can be expensive
•You cannot predict your annual mileage
•You cannot look after the vehicle and return it in a well maintained condition
•You will not have fully comprehensive insurance
•You want to export or take the vehicle abroad for extended periods
•You want to own or have the option to buy the vehicle

To discuss leasing in more detail, call Lease Comparison now on 0800 009 6808.

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