Personal Contract Hire Explained

Personal Contract Hire (PCH), also known as personal car leasing, is one of the most popular ways to drive a brand-new vehicle without the long-term commitment of ownership. Instead of purchasing the car, you lease it for a fixed period—typically 24, 36 or 48 months—with affordable fixed monthly payments, before simply returning it at the end of the agreement.

PCH is ideal for drivers who want to avoid the hassle and financial risk of selling a vehicle, while enjoying the latest models with predictable monthly motoring costs. At the start of your agreement, you'll choose your preferred contract length, annual mileage and initial rental, allowing us to tailor a lease to suit your lifestyle and budget.

Your annual mileage plays an important part in calculating your monthly rental, so it's important to estimate your mileage as accurately as possible. If you exceed your agreed mileage, an excess mileage charge may apply at the end of your contract, although the rate will always be clearly detailed in your finance agreement before you sign. Some finance providers may also allow mileage adjustments during your agreement, depending on their individual terms and conditions.

For even greater peace of mind, many customers choose to include a maintenance package with their lease. This helps spread the cost of routine servicing and maintenance into one convenient monthly payment and can cover items such as servicing, routine maintenance, tyres, exhausts and batteries, depending on the provider.

As with any lease agreement, the named driver is responsible for arranging fully comprehensive motor insurance throughout the contract. When your agreement ends, the vehicle should be returned in line with the BVRLA Fair Wear & Tear Guidelines, helping to ensure a smooth and straightforward handover.

Benefits of Personal Contract Hire

Drive a brand-new vehicle every few years

Fixed monthly payments for easier budgeting

Choose a contract term and annual mileage to suit you

No worries about vehicle depreciation

No need to sell or part-exchange your car at the end of the lease

Simply return the vehicle at the end of your agreement (subject to the BVRLA Fair Wear & Tear Guidelines)

Optional maintenance packages for added peace of mind

Access the latest technology, safety features and fuel-efficient models

Personal and business leasing options available

Dedicated leasing consultant to guide you throughout your journey

Things to Consider Before Leasing

Vehicle must be returned in a well maintained condition

Early termination can be expensive

You must have fully comprehensive vehicle insurance

You will never own the vehicle

We are Leasecars4less, based in Romford, Essex. Our team of experts have worked in the car leasing sector for decades, building relationships with manufacturers across the globe to provide drivers with incredible leasing offers on any and every car.

03456 43 25 43 / 01708 384451

Personal Contract Hire Explained