Call us on: 0345 565 2075

Monday to Friday 9.00am to 5.00pm

What is PCH?

PERSONAL contract hire – or PCH – is essentially the same as regular contract hire; apart from the fact that it applies exclusively for private individuals. Hirers obtain use of a new car for a contractual period and make fixed monthly payments to a car leasing company for the duration of the contract.

If you’re looking to hire a car long term and don’t want to buy it, the cheapest option is likely to be using PCH. Here are the details:

The lease agreement lasts 2 to 5 years.

You will need to undergo a compulsory credit check

You have to pay around three months’ lease upfront.

You never own the vehicle during the agreement and have to hand it back at the end of the term.

Sometimes you can get a maintenance package that covers things like annual car tax (road tax) or servicing.

Share this page Post this page to facebookTweet this pagePost this page to LinkedinPin page

13th of March 2018

alt tag

Days Fleet Personal Choice are a credit broker and not a lender, Days Fleet Personal Choice is a trading style of Car Hire (Day of Swansea) Limited, an appointed representative of CEM Day Limited who are authorised and regulated by the Financial Conduct Authority. Registered No : 470981

Registered in England & Wales with company number : 00571025 | Data Protection No : Z7284968 | VAT No : 477640221

Registered Office : Car Hire (Day Of Swansea) Ltd t/a Days Fleet, Swansea Road, Gorseinon, Swansea, SA4 4LL

Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.

Copyright © 2020 Days Fleet Personal Choice, All rights reserved.

Powered by CALAS