Personal Contract Hire for Cars

What Is Personal Contract Hire?

Personal Contract Hire (PCH) may be the smartest way to upgrade what you drive. It’s the perfect car leasing product if you want fixed cost motoring and you’re confident about the mileage and condition of the car over a set period of time. PCH is easy and cost effective and it allows you to control one of your biggest expenses. It offers fixed cost motoring with no hidden extras and is available with or without a maintenance package.

Personal Contract Hire is similar to Business Contract Hire but as an individual you won't able to recover any VAT or take advantage of any tax allowance.

On a PCH lease, you simply choose the vehicle you want to drive & how long you want to drive it for. Next, choose your annual mileage - this will affect your monthly rental payments. Finally, choose how much you would like to pay for your initial rental (the more you pay in your initial rental will mean lower monthly rental payments). That’s all you need to do and at the end of you contract, you simply hand back the vehicle & choose your next car.


Low deposit and low monthly rentals - PCH is one of the most cost effective options if you need full use of a vehicle but don't require final ownership. No need to deplete your savings. Allows you to change your vehicle more often. Fixed cost motoring with the option to add maintenance. There’s less admin to deal with because the finance company deals with all the buying & selling issues. You may be able to lease a new vehicle for the price you’d pay for a used one. You can lease a new vehicle for the price you'd pay for a used one. No depreciation risks. Our volume means we can offer the best prices

Points To Note:

You will need to accurately estimate the time and mileage for the use of the vehicle. The cost to early terminate the contract can be expensive. If you go over your agreed mileage allowance, excess mileage will be charged for each mile over that which is stated in your contract. You must look after the vehicle and return it in a well maintained condition, if not you will be charged for any damage over and above as stated in the 'Fair Wear and Tear Guide'. You do not own the vehicle.

Why Choose Personal Contract Hire?

This would suit you if you:

  • Want to drive a brand-new vehicle more affordably.
  • Want to avoid the risk of depreciation and maintenance costs.
  • Want fixed cost, stress-free motoring.
  • Are not worried about owning a vehicle.

Personal Contract Hire FAQs

  • It is possible to transfer your private plates onto your Contract Hire car. Most Funders will have processes in place for this & there may be a small charge for the service.

  • Yes. Road Tax is included in your monthly rentals for the full term of the contract.

  • Yes. However you will need to obtain the appropriate paperwork from the Funder in question. Remember to give sufficient notice for the documentation to be raised - usually around 7 working days.

  • You simply need to advise the Funder to collect the car from you at a time & place to suit you. Find out more in our handy what happens at the end of my lease guide.

  • No. The car remains the property of the Funder throughout the contract. This means that they also carry the residual risk (depreciation) of the car. Find out more about how contract hire leasing works.

  • All our customers must be assessed for credit before they are accepted by the finance company (Funder). Although different Funders will have differing underwriting criteria, some typical examples of the information needed would be:

    • Name
    • Date of birth
    • Company name
    • Company registration number (for limited companies)
    • Address history for the last 5 years
    • Number of years trading/ownership
    • Directors details (for limited companies)
    • Bank details
    • Email address
  • Yes. After the first 12 months, you will be able to request a contract amendment so that changes in your circumstances can be reflected in your monthly rental, rather than waiting for a bill at the end of the contract.

  • There are limits, but you determine these at the beginning of your contract, so it's important that you give us a realistic estimate of what your annual mileage is likely to be. But don't worry, if your circumstances change you can amend the terms of your contract to reflect a higher mileage, after the first 12 months, in order to spread the cost. If you go over their agreed mileage allowance, excess mileage will be charged for each mile over that is stated in the contract.

  • This really depends on the car you choose. As most of our customers tend to opt for our special offer stock cars, we can usually deliver your new car within 3 weeks. If you decide to go for a factory ordered car, these can take longer, typically around 8 weeks.

  • A franchised dealer will deliver your new car to you, though not necessarily one that is local to you. We have negotiated the best rates with manufacturers & certain dealers.

  • No. We arrange delivery, free of charge to any mainland UK address.