About Personal Contract Hire

A flexible and simple way to drive a brand new car

Sometimes, taking the cash allowance instead of a company car makes more sense. Maybe none of the vehicles on offer were suitable, or perhaps you just didn’t want to pay a Benefit-in-Kind (BiK) rate.

Personal Contract Hire (PCH) can give you more flexibility, whether it’s in vehicle choice, monthly costs, or simply being able to keep the same vehicle if you switch jobs.

How does PCH work?

Initial payment
The initial payment amount can usually be flexible between 1 and 12 months, followed by fixed, regular monthly payments over the agreed term.
Agree term length
A typical contract term is between12 to 48 months. You’ll also be able to set your annual mileage allowance for the duration of the lease.
Optional extras
Road tax and breakdown cover are usually included in your lease, and you’ll probably be able to add tyres, service, and maintenance into the monthly cost.
End-of-contract
Once the term finishes, you simply hand the car back to us. There may be charges for excess mileage or damage that’s considered more than normal wear and tear.

Would Personal Contract Hire suit me?

You drive a low mileage
You drive a low mileage
You don't want to own the vehicle
You don’t want to own the vehicle
You want to upgrade regularly
You want to upgrade regularly

Browse brand new vehicles

PCH can help you budget, especially if you add maintenance to your monthly payments.

With DRIVE you can easily browse the hundreds of brand new vehicles that we have available on contract hire across our award-winning Volkswagen Group brands – all available from stock and ready to go.

Here to help

At Volkswagen Financial Services | Fleet, we’ll give you a vast range of lease vehicle options. We also guarantee our leasing costs are transparent, so there won’t be any surprises.