What is PCH?

Personal Contract Hire (PCH) gives you the opportunity to hire/rent your vehicle for an agreed period of time – usually between 12 and 48 months. At the end of the agreement, you can return the vehicle with no final settlement to pay. (Subject to excess mileage and excess wear and tear.)

Monthly hire/rental charge will be determined by:

• Your initial rental payment
• Your hire/rental period
• Your mileage over an agreed period
• Inclusion of an optional maintenance package

Benefits of PCH

• You can choose the length of the agreement to suit your monthly budget
• Low initial hire/rental payment
• Offers flexibility for those who may wish to change their vehicle more regularly
• No depreciation risks
• Option to add a maintenance package to help manage servicing costs
• No final payment (Subject to excess mileage and excess wear and tear).

What do I need to know?

• You must keep up with your monthly repayments
• You will not own the vehicle
• You must maintain the vehicle in good condition to minimise the risk of excess wear and tear charges
• Excess charges may apply at the end of the agreement if you exceed agreed mileage limits
• Be aware also that ending your contract early can be expensive as you’re usually committed to paying all or most of your monthly payments, even if your circumstances change.

TERMS AND CONDITIONS

Jardine Motors Group is a credit broker and not a lender and is authorised and regulated by the Financial Conduct Authority for credit-related regulated activities and insurance distribution activities.

We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. Each of these finance companies will have their own deposit requirements, interest rates and terms and conditions, including those relating to status and affordability, and it is important that you consider these carefully when discussing your options. We do not charge you a fee for an introduction to the lender, but we will receive a commission from the lenders we work with. This will be calculated by reference to the vehicle model, whether the vehicle is new or used, the age of the vehicle and/or the amount you borrow. Different lenders will pay different commissions for such introductions, and our manufacturer partner lenders will also provide preferential rates to us for the funding of our vehicle stock.  The amount that they and other lenders pay us will not affect the amount you pay under your finance agreement, all of which are set by the lender concerned.

If you would like further information, please email commission.enquiries@jardinemotors.co.uk before you enter into your finance agreement.

To find out more, please contact Jardine Motors Group today by clicking the button below:

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