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PERSONAL CONTRACT HIRE EXPLAINED

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A blue Nissan Qashqai; PCH hero car

What is Personal Contract Hire?


Personal Contract Hire (PCH) is a form of car leasing and a popular pathway for customers who like to stay up-to-date with their car models.


Depreciation can put some off buying a new car - with a PCH deal, however, you can get a brand-new vehicle every few years without the hassle of ownership.


With a PCH car hire, you’re essentially paying for what you use. Before you start, you will need to decide on your agreement length and the mileage restrictions to set in place. After this, you will pay a deposit (known as an initial rental). Then, you can begin your monthly car payments.


Personal Contract Hire deals are flexible, and we can adjust your initial rental amount and agreement term to suit you. Call our dedicted Leasing team on 01405 744 053, and our friendly staff will help you find the best PCH car deals.

Representative Example

This represents an average of the deals that our customers receive on other vehicles

Cash Price£19,121.93
Deposit£1,266.23
Term48 months
Payment£323.72
Amount of credit£17,855.70
Fixed Interest per annum6.46%
Representative APR11.36%
Total Charge for credit£6,194.43
Final Payment£8,511.57
Option to purchase fee£399.00
Total Amount Payable (Incl. Deposit, charge for credit, final payment & purchase fee)£25,715.36

We are a credit broker and a lender. We can introduce you to a limited number of lenders and their finance products. We will provide details of products available, but no advice or recommendation will be made. You must decide whether the finance product is right for you. We do not charge you a fee for our services. Lenders will pay commission to us (either a fixed fee or a fixed percentage of the amount you borrow) for introducing you to them, this may be calculated in reference to a variable factor such as (but not limited to) the vehicle age, your credit score and the amount you are borrowing. Different lenders may pay different commissions for such introductions. Offers available to everyone over the age of 18, subject to credit approval.

A man sits in the cabin of a new car; Personal contract hire car deals image

PCH Car Deals


At Stoneacre Leasing, we offer a range of fantastic offers on Personal Contract Hire cars. Personal Contract Hire and leasing is something we are very proud to offer. And with some great car makes up for grabs, including Citroen, Dacia, and Volvo, you are sure to find some car PCH deals that suits your style.


When you get a new car on a PCH programme, you benefit from depreciation-free motoring.


Not only this, but your payments are often more affordable, as there is no interest to pay, and deals can sometimes include maintenance packages, so getting a service is part of the payment!


Our friendly team can assist you through the process, from letting you know which vehicles are on offer to arranging the best car Personal Contract Hire deal. Give us a call on 01405 744171, and our team will walk you through the steps.


Personal Contract Hire Cars Advantages and Disadvantages


Personal Contract Hire could be a good option for you if you enjoy the notion of frequently changing cars without actually having to buy one. Here are the pros and cons of PCH Finance:

Other Car Finance Types


If you don’t think PCH is right for you, then take a look at the other finance options available.

PCH Finance FAQ

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