Personal Contract Hire (PCH)

What is Personal Contract Hire (PCH)?

A Personal Contract Hire agreement is a long term arrangement which allows a person to lease a car or a van. The standard time span for one of these contracts is anywhere between 2 to 5 years

Its no wonder why more and more people are choosing to lease their vehicle, rather than buying their cars outright! It's a much more cost effective way of owning a new vehicle and keeping the running costs down.

Some essentials you need to know about leasing are here:
• Fixed Monthly costs - At the start of the contract, a fixed monthly cost will be agreed for between 2 to 5 years
• Mileage Limit - A mileage limit will be agreed at the start of the contract, but don't worry if you think you'll go over, you can always add on additional mileage with us, throughout your contract
• There is no balloon payment at the end of the contract, you simply hand your vehicle back at the end

Who can Lease a vehicle with EHL?

Almost everyone is able to take out a personal contract hire with us, we do however have some basic criteria you need to meet:

• Be over the age of 18
• Hold a UK Full Drivers Licence
• Have a regular income
• Healthy credit status

As part of our process, you will need to undergo a personal credit check. If you have a healthy credit status then leasing a car is a very easy process, you can check your score for free by clicking the button below. We do not want anyone to be declined, so if you do not have the healthiest of credit statuses but would still like to leasing with EHL, please give us a call and we may be able to help you out and get yourself in a brand new car!

Credit Check

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Looking for Businss Contract Hire (BCH)

Looking for a new car or van for your business? Want to get the VAT off your monthly costs, saving you 20%?

Click here to find out all there is to know about BCH and find the best business leasing deals.

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