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What is Personal Contract Hire?

Personal Contract Hire (PCH) is a long-term leasing arrangement. This means that although you won’t own the car at the end of your contract, you’ll be making a fixed monthly rental for the vehicle whilst you use it.

How does PCH work with PSA?

PSA Finance can offer PCH on both new and used vehicles across the Peugeot, Citroën and DS network. If you choose a used vehicle, it must be less than 39 months of age and have a current mileage of less than 50,000.

Personal Contract Hire in three stages:

  1. Pay the advanced rental
    You will pay an advanced rental fee when ordering the vehicle. This is agreed when ordering your vehicle and can be discussed further with your dealer.
  2. Agree on mileage allowance
    You will agree this allowance per year which will help determine your monthly rental payments to lease the car over your agreed contract period.
  3. Enjoy until time to return
    At the end of the contract, you’ll return the car to us and pay any excess mileage and/or damage charges.

Features & Benefits of Personal Contract Hire

  • You’ll receive a budget-friendly contract tailored to you
  • No depreciation risk
  • A wide range of Peugeot, Citroën and DS vehicles to choose from
  • A longer-term leasing agreement
  • Available for both new and used vehicles

 

If you are considering contract hire for your business needs, please visit the Free2Move Lease website to view available offers.