What is Personal Contract Hire (PCH)?

Car Finance refers to finance that is secured on the vehicle, meaning that you do not own the vehicle until you have paid the finance in full and if you miss repayments, the lender might repossess your car.

Car Finance comes in many forms including Personal Contract Purchase (PCP), Hire Purchase (HP), Lease Purchase (LP), and Personal Leasing or Personal Contract Hire (PCH).

These forms can meet different preferences.

If you would like a quote for Personal Contract Hire, contact our Customer Service team on 01325 978080 or mail@motorpocket.com

Personal Contract Hire (PCH), also known as Personal Leasing is explained in further detail in our quick explainer animation below. Don’t forget to visit the MotorPocket YouTube channel for more information on car finance.

https://www.youtube.com/watch?v=u_hKY75XHPI