Personal Contract Hire (PCH) is a long-term rental. You pay an initial rental and fixed monthly rentals, then return the vehicle. The agreement does not provide a route to ownership.
How it works
- Choose a vehicle, term, initial rental and annual mileage.
- Pay the agreed rentals for the contract period.
- Keep within mileage and condition terms.
- Return the vehicle for inspection at the end.
What to check before you apply
- Initial rental and total rental cost.
- Excess-mileage and damage charges.
- Maintenance responsibilities.
- Early termination costs.
A realistic note
You do not build equity in the vehicle. If your mileage or circumstances could change, allow for that before committing.
Frequently asked questions
Can I buy the car at the end?
PCH does not normally include a contractual purchase option.
Is maintenance included?
Only if the chosen package says so.
What is fair wear and tear?
Industry and funder standards describe acceptable age-related wear.
Important: We Do Car Finance is a credit-broking service operated by Sandhurst Associates Limited. We are not a lender. Finance is subject to status, affordability and lender criteria. Acceptance is never guaranteed.