Personal Contract Hire is a fixed-cost, rental agreement. You choose a new vehicle, agree the maximum annual mileage and length of agreement, and then pay an initial rental followed by fixed monthly rentals to suit your budget. You can even choose to cover vehicle maintenance costs as part of your agreement subject to paying a maintenance charge which is added to your monthly rental.
PCH Explained Model PCH RatesAdvanced rental
Fixed regular rentals over 2 - 5 years
At the end of the contract return the vehicle