Personal Contract Hire (PCH)
Personal Contract Hire, often referred to as PCH, is an attractive long-term arrangement that enables individuals to lease cars or vans. These contracts typically span between 2 to 5 years, offering a flexible and hassle-free way to enjoy a new vehicle without the commitment of ownership.
The increasing popularity of PCH is not surprising, as it presents a more cost-effective alternative to outright purchases, effectively managing ongoing expenses. One of the key advantages of PCH is its ability to shield you from the pitfalls of vehicle depreciation. When the contract term concludes, there are no hidden fees waiting in the wings; you simply return the vehicle, with allowances for reasonable wear and tear.
In essence, PCH allows you to pay for the usage of the car or van, sparing you from the complexities of ownership. As the contract draws to a close, our team will reach out to discuss your future plans, giving you the option to renew and continue enjoying the benefits of hassle-free driving.
