![]() ![]() In many cases, your monthly payments will be lower than repaying finance on a purchased vehicle. Leasing a car on Personal Contract Hire is one of the cheapest ways to drive a brand-new car. Is Personal Contract Hire (PCH) better than buying? All you need to ensure is that the car is returned without any damage and has not been driven beyond the pre-agreed mileage limit. Unlike car finance, you have no option to own the vehicle at the end of the lease, so things are nice and simple. Road tax is included in your monthly payment, and you also have the option to include a maintenance package that covers vehicle servicing, maintenance and repairs, which means you can enjoy hassle-free fixed-cost motoring.Īt the end of your personal contract hire agreement, you simply return the vehicle to the finance company. Personal Contract Hire (PCH) is a car lease that allows you to drive a new vehicle over an agreed period and mileage. You even have the option to choose how much you pay up-front, typically referred to as ‘Initial Rental’ or in other words, the deposit. You simply enjoy the car then return it and hop into another brand-new car. Your monthly payments are fixed, so budgeting is easy. Leasing lets you drive a car for a set period from 2-4 years without having to worry about depreciation or selling the car at the end of the contract. What if I drive more than the contract mileage (excess mileage)?Ĭar leasing is a cost-effective way to drive a brand-new car for a fixed monthly payment.What role do Intelligent Car Leasing play in the leasing process?.Is Personal Contract Hire (PCH) better than buying. ![]() Here's our comprehensive list of eveything you need to know about pay monthly cars: Paying monthly for a brand new car couldn't be easier with Intelligent Car Leasing. ![]()
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