What is Personal Contract Hire (PCH)?
Novuna Vehicle Solutions offers Personal Contract Hire through our broker-dealer network.
Personal Contract Hire is a long term rental agreement for a vehicle, very similar to a rental agreement that you would take out for a holiday hire vehicle with the key difference being that you are committing to a set hire period and pre-arranged annual mileage. Once you have signed the Agreement it is binding on both parties.
Typically there is an initial rental to pay and this is followed by set monthly payments for the duration of the hire period. At the end of the hire period, you return the vehicle to us. If you choose to end the agreement early, damage the vehicle outside of fair wear and tear or go over the agreed annual mileage you will be liable for any charges.
If you are a existing customer and have a query regarding personal leasing, please contact us using the link below.