How Personal Contract Hire Works Video

Personal Contract Hire in a step-by-step video guide

You pay fixed monthly rentals for the term of the contract, which can be between 1 and 4 years. At the end, the car is simply collected from your home or business address and you have nothing further to pay, as long as you keep within the contracted mileage and look after the vehicle whilst in your care.


  • No depreciation concerns
  • Low monthly rentals - you can drive a better car for less money
  • Road tax is generally included for the whole contract
  • Can switch cars every few years
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