Hyundai Personal Contract Hire
Personal Contract Hire, or PCH is a funding product where you lease your vehicle for a fixed period and mileage, in return for a monthly rental. At the end of the agreement, you simply return the vehicle, without further cost, providing that the vehicle had not exceeded the agreed mileage and that its condition is reflective of its age and mileage.
How does it work?
You pay an initial upfront advance rental (amount dependant on size of monthly rental) usually the equivalent to three, six, or nine monthly rentals. You then pay a fixed monthly rental fee (plus VAT) and in return have the right to use your chosen vehicle over a pre-arranged period and mileage. At the end of this period, you are not responsible for the disposal, the vehicle is simply handed back. There is no option to own the vehicle at the end of the agreement.
What else do I need to know?
- All agreements include road fund license, full manufacturer's warranty and the 12 months breakdown cover
- Personal Contract Hire agreements are normally 24, 36, or 48 months in duration
- Both excess mileage and vehicle condition charges may apply
- Maintenance of the vehicle can be included in your monthly rental as an added option
- There is no option for the vehicle at the end.
For more information about Personal Contract Hire, please contact our Hyundai Sales Team!
Discover our Hyundai EV Personal Contract Hire Offers below:
All Images Shown for Guidance Purposes Only.
All images are for illustration purposes only and may differ from quoted vehicles.