Personal Contract Hire (PCH) is one of the most popular ways to lease a new car in the UK. Whether you're looking for a fuel-efficient hatchback, a family SUV, or a cutting-edge electric vehicle, PCH can offer you a flexible and cost-effective alternative to ownership.
In this guide, we explain the key benefits of personal leasing and why it might be the right choice for your lifestyle and budget.
With PCH, you can lease a brand-new vehicle for a fixed period (typically 2–4 years). At the end of the term, you simply return the car and can upgrade to the latest model.
Always enjoy the newest technology, safety features, and fuel efficiency
Ideal for drivers who like variety and value a modern driving experience
Compared to car finance options where you aim to own the vehicle (such as HP or PCP), PCH typically offers lower monthly payments.
You're only paying for the car’s use—not its full value
More affordable access to premium or electric vehicles
Makes it easier to budget for a higher-spec vehicle without large upfront costs
PCH provides financial clarity with fixed monthly rentals throughout your contract. You also have the option to include a maintenance package, which spreads the cost of servicing and upkeep into manageable payments.
No unexpected repair bills
Road tax (VED) is included
Optional tyre replacement, breakdown cover, and servicing bundles available
When you buy a car outright, its value typically drops sharply over time. With leasing, depreciation is not your problem—the leasing company takes on that risk.
You return the car at the end of the contract with no need to sell
No concerns about market value or part exchange negotiations
Once your lease ends, simply hand the car back. There’s no need to sell, trade in, or negotiate.
Clean return process with no pressure to buy
You’re free to lease a new car or walk away
Leasing allows you to drive a car that might otherwise be out of reach if you were buying outright or via traditional finance.
Consider a better trim level or a higher-performance model
Affordable access to electric and hybrid vehicles with the latest features
For electric car drivers, PCH is particularly appealing:
Drive the latest EV without worrying about long-term battery life or resale value
Easy upgrades as EV technology rapidly improves
Road tax is included, and you can add servicing and breakdown cover
Want peace of mind? Add a fully maintained lease:
Covers servicing, MOTs (after 3 years), and wear-and-tear items
Ideal for high-mileage drivers or those who prefer full coverage
One fixed monthly cost for everything
PCH is a great choice if you:
Want to drive a new car every few years
Prefer lower, fixed monthly payments
Don’t want to worry about resale value or depreciation
Want a simple, flexible, and affordable driving experience
At Stable Vehicle Contracts, we offer a wide range of personal lease deals to suit your needs. Whether you're after a practical hatchback or a fully electric SUV, we’ll help you find the right vehicle with a lease that fits your lifestyle and budget.
Start your journey today: