Britannia Banner

Personal Car Leasing

Personal Car Leasing, also known as Personal Contract Hire (PCH) is simply a lease deal for individuals and is based on a fixed term contract where customers pay an agreed monthly charge for the use of a vehicle for a previously agreed period. It is one of the most accessible ways to finance a brand new car. With a fantastic selection of models, from luxury SUVs or hot hatchbacks, Britannia Car Leasing can supply a brand new car in just a few clicks! If you are looking at a business agreement, we can also supply a huge range of business deals.

332 models

Fixed Monthly Costs

When you sign up to a business lease agreement, there are no hidden costs. With flexible mileage terms and contract lengths to suit your business requirements

New Car Every 2-4 Years

If you enjoy the thought of being able to drive a brand new car every few years, personal contract hire could be the perfect choice for you. With leasing, you have the ability to change your car every two to four years.

Road Tax is Included

All our personal agreements include road tax as standard for the entire duration of the contract. You don't need to worry about renewing your tax as this is all taken care of for you.

Free Mainland UK Delivery

Your contract will include *free mainland UK delivery as standard, directly to your driveway. Once the lease comes to an end, we will also help you arrange the collection of your vehicle free of charge!
*Exclusions apply.

What is Personal Car Leasing?

Personal Contract Hire (PCH) is a popular type of car leasing agreement in which an individual hires a car for a fixed period, typically between two to four years, and pays a monthly fee for the use of the vehicle. PCH is a form of car leasing that is designed for private individuals who want to drive a new car without the commitment of ownership.

PCH agreements work by the individual selecting a car from a range of models we provide. Once the individual has chosen the car they want, they will agree to pay a fixed monthly rental for a set agreement length. During this time, the individual will be responsible for maintaining the car, paying for any repairs or maintenance required, and returning the car in good condition at the end of the lease period.

Optional extras with a personal car lease agreement available include the ability to add on a maintenance package which will typically cover routine servicing, any required MOTs, as well as fair wear and tear with tyres, wiper blades, and light bulbs.

Personal Car Leasing
Personal Car Leasing

What are the Benefits of Personal Car Leasing?

One of the benefits of PCH is that it allows individuals to drive a new car without the financial commitment of owning a car outright. This means that individuals can drive a car that they may not be able to afford to buy outright, as the monthly payments are often lower than those associated with a car loan or finance agreement. PCH agreements also typically include a warranty, which means that any repairs required during the lease period will be covered by the manufacturer.

Another advantage of PCH is that it provides individuals with the flexibility to change their car every few years. This means that individuals can drive a new car with the latest technology, safety features, and environmental standards. Additionally, PCH agreements typically include road tax and breakdown cover, which means that individuals do not need to worry about these costs.

What are the limitations?

However, it is important to note that PCH agreements do have some limitations. For example, individuals will be charged for any excess mileage or excessive damage to the car when it is returned at the end of the lease period.

Additionally, PCH agreements require individuals to commit to the lease period, which means that they may be charged an early termination fee if they want to end the agreement prematurely.

Personal Leasing FAQs

Personal car leasing, also known as personal contract hire (PCH), is a type of car financing arrangement where an individual leases a vehicle for a fixed period, typically between 2 to 4 years, by making monthly lease payments. Unlike buying a car, you do not own the vehicle at the end of the lease term.

Personal car leasing works by entering into a lease agreement with a leasing company. You select the desired vehicle, agree on the lease term, annual mileage, and make an initial payment (if applicable).

Throughout the lease term, you make fixed monthly payments. At the end of the lease term, you return the vehicle, and if you wish to continue leasing, you can enter into a new lease agreement for a different vehicle.

Personal car leasing offers several benefits. Firstly, it provides the opportunity to drive a new car with lower upfront costs compared to buying a vehicle outright.

Lease payments are typically lower than loan repayments for a new car purchase. Leasing also provides flexibility, as you can easily upgrade to a new model or switch to a different vehicle at the end of the lease term.

When leasing a car personally, there may be certain limitations or restrictions to consider. Most leasing agreements come with mileage restrictions, and exceeding the agreed-upon mileage can result in additional fees.

There may also be wear-and-tear guidelines that need to be followed. Modifications to the leased vehicle are typically not allowed, and the vehicle must be returned in its original condition, aside from normal wear. It is essential to review the lease agreement carefully and understand the terms and conditions before entering into a lease.

With personal car leasing, you do not have the option to buy the vehicle at the end of the lease term. In some rare circumstances, some leasing companies may offer the option of purchasing the vehicle at the end of the lease through a separate arrangement.

This is known as a lease buyout or purchase option. If you are interested in buying the vehicle, it is advisable to discuss this possibility with the leasing company before entering into the lease agreement.

Still unsure about Personal Car Leasing? Speak to our team for more information