Personal Contract Hire, or PCH as it is known, is a relatively new addition to car funding options for individuals. PCH allows you to drive the new car of your dreams without any of the worry of maintenance or depreciation costs.
With PCH you never actually own the car. You simply pay for the use of a car with a low initial payment followed by regular agreed monthly rentals. This gives you the confidence of knowing that you don’t have to worry about disposing of the vehicle at the end of your term. Subject to it being in good condition and the agreed mileage not being exceeded you simply hand it back to us.
With a PCH Agreement you can change your car between 2 and 4 years, whichever is right for you. It will even have the Road Fund License included in your monthly payments for the duration of your agreement.