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Personal Contract Hire (PCH)

 

If you’re based in Hemel Hempstead, Milton Keynes or Watford and are looking for a flexible and cost-effective way to acquire your next car, Personal Contract Hire (PCH) could be the perfect solution for you. Instead of owning a vehicle outright, you can lease one for a fixed term and then return it to Meridian Vehicle Solutions at the end of your agreement. 

PCH offers a range of benefits, including:

  • Low initial payments

  • Fixed monthly payments

  • The option to upgrade at the end of your contract

  • No risk of depreciation

  • Access to the latest vehicles available

 

 

 

What is Personal Contract Hire?

How does Personal Contract Hire work?

Factors to consider when thinking about PCH

 Personal Contract Hire is a type of vehicle leasing agreement that allows you to rent a car for a fixed term, typically between 2-5 years. You'll make an initial payment, followed by predetermined monthly payments for the duration of the agreement. At the end of the term, you'll return the car to Meridian and have the option to enter into a new contract for a different vehicle if you so wish.

When you lease a car from Meridian, you’re choosing the services of an experienced company that prioritises customer satisfaction. Our knowledgeable team will be on hand to guide you through the whole process, from the initial consultation through to the swift delivery of your vehicle. We can work with you to tailor the terms of your agreement specifically to your needs. We offer a range of PCH deals, suitable for all budgets and requirements.

Your journey begins with a visit to our website, where you can learn more about the vehicles we supply or browse through our exceptional offers. If you’d like to proceed further, get in touch with a member of our friendly team. We can answer any questions you may have or arrange a visit to one of our showrooms.

At Meridian Vehicle Solutions, we have two showrooms, one located in Chesham and the other in Hemel Hempstead. Here, you can view the vehicles we have available and discuss your needs with one of our knowledgeable experts.

You’ll need to decide upon the length of your lease term and the annual mileage that you anticipate you’ll require. We’ll use this information to calculate your monthly payments and create a contract that is specifically tailored to your needs. We’ll handle all the paperwork — you’ll just need to pay an initial fee and provide us with some documentation. Once the contract has been signed, we’ll dispatch your new vehicle. Despite being based in Hertfordshire, we can deliver to homes and businesses nationwide and pride ourselves on the short lead times that we maintain — typically 5-10 working days from receipt of booking.

When your lease ends, you’ll simply return the car to us without any further obligations. You will then be free to enter into a new agreement for a different vehicle.

When considering a Personal Contract Hire agreement, it's important to take into account a few factors to determine if it's the right choice for you, perhaps the most important being whether you want to own the vehicle at the end of your contract. Purchasing the vehicle is not an option with PCH, so if this is a priority for you then you may be better off opting for a Personal Contract Purchase agreement.

Aside from ownership, you should also carefully consider the terms of your contract. When you enter into a leasing agreement, you will be subject to an agreed-upon mileage limit. It’s important to liaise with the team at Meridian to ensure your contract aligns with your driving habits, or you could face additional charges.

Established in 2015, Meridian Vehicle Solutions offers flexible and affordable leasing deals to customers nationwide. We provide an efficient delivery service so that, no matter where you’re based, we can swiftly supply you with a high-quality vehicle. Our knowledgeable team has years of experience and is more than happy to discuss the Personal Contract Hire agreements we can offer you. 

Get in touch with us today to request additional information, we operate our personal contract hire throughout Watford, Milton Keynes and the greater Hertfordshire area and we can even arrange a visit to our Chesham and Hemel Hempstead showrooms to discuss your needs in person.

Personal Contract Hire: FAQs

Personal Contract Hire and Personal Contract Purchase are two popular long-term leasing options, allowing customers to lease the latest vehicles for a fixed monthly fee, typically 2-5 years. The way in which these two options differ is what occurs at the end of the contract. With PCH, you simply return the vehicle at the end of the leasing contract, with no option to purchase it. With PCP, you can return the vehicle to Meridian, or you have the option to buy the vehicle outright. If you wish to purchase the vehicle, you’ll need to pay a one-off lump sum known as the optional final payment.

If you’re someone who enjoys the freedom of changing vehicles on a semi-frequent basis, PCH could be the perfect option for you. This is also a budget-friendly option, allowing you to access the latest vehicles for lower upfront costs and monthly payments.

At the end of your PCH agreement, you simply return the car to Meridian without any further obligations or fees. You’re now free to enter into a new contract with a different vehicle and will not be forced to absorb any of the depreciation experienced by your previous one.

 

What Our Customers Say

 See what our customers say about us .....

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Christian Kurek
Car Buyer

We recently bought a Mercedes from Meridian Vehicle Solutions and would highly recommend them. We are very happy with our car and the whole purchasing process went very smoothly. Kaine was so friendly and accomodating. The next time we are looking to buy a car we will definitely check with Meridian Vehicle Solutions first.

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Duncan Green
Car Buyer

I was looking for a Mercedes GLC and the perfect one popped up from Meridian on Autotrader. I took it for a test drive and a week later collected it and part exchanged with my existing BMW. It was a very professional, seamless experience and I appreciate the effort Phil and his team went to. I would certainly recommend Meridian to others in search of a used car.

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James and Isabella Nicholl
Car Buyer

Very happy with our purchase of a Skoda Kodiaq from Phil and the team in September 2021. Amazing service throughout including Phil coming in when they were closed on the August bank holiday weekend to let us have a test drive and then very easy and straightforward to make the purchase. We are very happy the new vehicle and would highly recommend Phil and the team.

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Richard
Car Buyer

I bought a fantastic Audi Q7 from Meridian. I was a bit concerned at first that they weren't an Audi dealer but I didn't need to be. The car was in fantastic condition and exactly as they described. Kaine, the sales manager was very helpful to the point of coming in on a Saturday morning to do the exchange. I would recommended them to others considering buying a car.

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Vipul Patel
Car Buyer

I found myself in need of a 4x4 vehicle urgently when my previous beloved Range Rover needed replacing. Having called 19 audi dealers and other lease companies i, found that no one could supply a Q7 for 4 to 6 months . Meridian sourced and delivered my wonderful new car in 5 days.
They were probably the only company in the uk that could manage that at that time.
Polite impeccable service. Good communication throughout. I have never leased before and Phil Jerome was brilliant at taking me through the whole process calmly and quickly and reducing all of my doubts and fears.
Meridian even dealt with my number plate change quickly.
Thank you. A fantastic service. I will be leasing again from them when the time comes.

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John Burgess
Car Buyer

Fantastic experience buying a used car from Meridian. Nothing was too much trouble for Kaine who helped from initial enquiry to pick up. Thoroughly enjoyable experience, very professional and highly recommended. Many thanks

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Zack Berman
Car Buyer

Fab place, really professional, transacted within a week and the car is really great. I would recommend them and I will be using them again.

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Sandra Clegg
Car Buyer

I was somewhat dubious buying a vehicle I hadn't seen, on the other side of the country from a company I had never heard of. Despite the offer of delivery I opted to travel and personally collect the vehicle.

Everything went very smoothly and the car was in immaculate condition.
Many thanks to Phil and the team for all the assistance.

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Gillian Solomons
Car Buyer

Fantastic company - honest, flexible and reliable. Wouldn't hesitate to use them again, nothing is too much trouble!

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Dmitry Shaporenkov
Car Buyer

Great experience overall - all the paperwork ready on time, smooth handover.

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