Personal Contract Hire (PCH)
Contract Hire may be suitable should you prefer the option of hiring your car rather than owning it. It allows you to drive the car of your choice without any depreciation concerns and, provided you have kept to the agreed mileage and subject to fair wear and tear, you hand the car back at the end of the agreement with nothing further to pay. You can also include a maintenance package at extra cost for additional peace of mind.How it works
- Decide on the car you wish to hire.
- Decide on the hire period that's right for you.
- Agree your maximum annual mileage.
- Decide on a deposit and monthly payment that's right for you.
- At the end of the agreement, simply return the car. Excess mileage charges and excess wear and tear may be payable to the finance company if applicable.
Benefits
- Payments are fixed at the start of the agreement, enabling easy budgeting
- No concerns over depreciation or selling the car at the end of the agreement
- Optional maintenance package can be included
Suitable for…
Customers who do not want to have depreciation concerns and want to fix costs over a defined period without owning the vehicle.
Important Points
The finance company will remain the owner of the car during the agreement and they may be entitled to repossess the car should you not keep up the agreed payments. Additional charges will apply should you have exceeded your agreed contract mileage or if the car has suffered damage or excess wear and tear. No other charges should be payable assuming you have paid all agreed payments on time.
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. They pay us a fixed commission for introducing you to them, if you would like further information please email commission.enquiries@jardinemotors.co.uk before you enter into your finance agreement.
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