What is a personal car lease?

Personal car leasing is the easiest and most cost-effective way for most people to drive a brand-new car, but what exactly is it?

Businesses have been leasing cars and vans for over 60 years. And now, you too can enjoy the many benefits that car leasing offers through a personal car lease. Personal Contract Hire (PCH) is a version of a business lease that is tailored to suit private individuals. PCH is essentially a long-term hire, where you pay us a fixed monthly rental in return for the hire of a car over an agreed number of months and miles.

The car is always owned by us, and at the end of your agreement, you simply return it and choose another. You don’t have the hassle of buying a car or selling it at the end of the agreement.

In addition to the supply of a car, we provide you with a fully managed service, which includes Vehicle Excise Duty, administration, and a 24-hour helpline. If you choose our full-maintenance option, we also take care of servicing, tyres, and any unexpected repair costs – all you have to do is add fuel and provide car insurance!

The start of the agreement

At the start of the agreement, you select an agreement length, an annual mileage, and how many months you want to pay on delivery. We use that information to work out a monthly rental for you. When you take delivery of the car, you will pay the agreed initial rental, which is then followed by monthly payments that are fixed for the duration of your agreement.

The end of the agreement

At the end of the agreement, your car will be collected. We'll carry out an inspection and ask you to sign for the mileage and condition of the car. It couldn't be easier.

Your responsibilities

With a lease agreement, you are responsible for making regular monthly hire payments. You are also responsible for fuel and fully comprehensive car insurance. If you exceed your agreed mileage allowance, you will incur additional excess mileage charges.

You are also responsible for routine maintenance of your car and for looking after it while it's in your care. We expect you to top up oil and water where necessary, and to keep the car in an acceptable condition. You will be responsible for any remedial repairs required at the end of the agreement should the condition of the car be unacceptable.

The modern way to drive a new car

For many people, leasing is a cost-effective way to drive a new car. It's simple, straightforward, and easy. It provides stability and helps avoid any unexpected costs by offering monthly payments that are fixed and certain. And because PCH is simply a hire, it also means that instead of paying the full cost of the car, as you might do with an outright purchase or a PCP, you only pay for the depreciation of the car over the agreement. As a result, monthly payments for a personal lease are often considerably lower.

Is a personal car lease for you?


  • It’s hassle-free. There's no need to worry about buying a car.
  • No need to visit a showroom, so it's a stress-free experience.
  • With our full maintenance option, you can eliminate the risk of unexpected repair bills.
  • Your monthly payments on the car will be much lower than if you were buying it.
  • You have access to new cars that you otherwise might not have been able to afford.
  • No large final payment at the end of the agreement.
  • When the agreement ends, simply hand the car back and choose another.


Things to bear in mind

  • You never own the car.
  • There may be a mileage charge if you exceed your agreed mileage allowance.
  • There may be repair charges if you return the car in an unacceptable condition.
  • There may be charges if you need to change or stop the agreement.
  • Motor insurance and fuel are not included in the agreement.