PCH
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Finance 24 Aug
Data shows declining levels of personal contract hire (PCH) in UK's car market
High monthly payments are likely driving thousands of private motorists away from signing up to new car PCH deals, according to the latest report from the British Vehicle Rental and Leasing Association (BVRLA).
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Finance 13 Apr
PCP revealed as most confusing finance type
Car finance products are amongst the most confusing automotive terms for car buyers and it could be hampering sales, according to new research.
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Finance 13 Apr
PCH exposes more consumers to potential write-off risk, says AutoProtect
AutoProtect is urging automotive retailers that are offering PCH finance to consider how consumers can be better protected in the event of a vehicle write-off.
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Market Insight 24 May
Retail customers turn to cheaper car leasing deals amid cost-of-living crisis
Motorists are reducing their travel expectations and leasing more affordable new cars over longer periods in response to the emerging cost-of-living crisis.
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Finance 29 Mar
Leasing makes electric cars more affordable than PCP, study finds
A leasing business has analysed pricing data and found that driving a battery electric car on a lease is cheaper than funding the EV on PCP (personal contract purchase).
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Finance 17 Apr
FCA publishes draft coronavirus guidance on motor finance repayments
The Financial Conduct Authority (FCA) has said that it expects motor finance providers to offer “exceptional and immediate support to customers facing payment difficulties” due to COVID-19 coronavirus.
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Finance 20 Mar
‘We need to keep motorists in their cars’ amid outbreak, says FLA
The Finance and Leasing Association’s (FLA) head of motor finance has said that every effort should be made to keep motorists “in their cars” as coronavirus inhibits some consumers’ ability to make repayments.
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Finance 20 Dec
Grosvenor launches PCH to target workers, friends and family
Contract hire firm The Grosvenor Group is targeting the friends and families of its customers for growth with a new personal contract hire (PCH) service.
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Market Insight 21 Nov
Premium vehicles drive personal leasing
Affordable premium vehicles are supporting the growth of personal leasing, according to leasing.com.
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Market Insight 20 Nov
Intelligent Car Leasing launches car subscription service
Intelligent Car Leasing claims to have launched the market’s first broker-provided car subscription service in partnership with the Wagonex car subscription marketplace platform.
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Manufacturer 10 Jun
Tesla Model 3 tops Leasing.com league table
Tesla Model 3 tops Leasing.com league table
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Market Insight 18 Apr
Long lead times push PCH customers into medium term rental, says Meridian
Long lead times for new cars are causing a boom in medium-term rental, as PCH customers need vehicles to keep mobile.
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Used Cars 17 Apr
Sub-standard repair work is causing used car headache, says VRA
The rise of personal leasing has been blamed for a rise in the volume of sub-standard repair work seen on used cars by remarketing operations, according to the Vehicle Remarketing Association (VRA).
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Opinion 26 Mar
RIP for PCP as 'car finance’s PPI scandal’ draws near? A guest opinion
The Financial Conduct Authorities (FCA) Motor Finance Review has finally arrived. The eagerly awaited and long overdue investigation into auto finance has revealed what many in the industry had predicted.
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Market Insight 8 Mar
Personal contract hire market ‘dominated’ by Mercedes-Benz, says Leasing.com
Recently-launched Leasing.com has revealed that Mercedes-Benz “dominated” its league table for the personal contract hire market.
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Market Insight 28 Feb
Buyers lean towards leasing to avoid big deposits
The days of car buyers paying large deposits for a new car could be numbered, according to Concept Vehicle Leasing.
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Car Dealer News 24 Dec
Arbury Group relaunches Fleet proposition under new leadership
Arbury Motor Group has re-launched its Fleet division under new leadership, strengthening the brand’s proposition for commercial customers.
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People News 20 Dec
Zenith appoints former HR Owen boss Joe Doyle to lead ZenAuto PCH division
Former HR Owen chief executive Joe Doyle has joined Zenith as managing director of its first direct-to-consumer car leasing offer, ZenAuto.
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Finance 22 Nov
Rise of personal contract hire prompts new approach to aftersales, says Epyx
New approaches to service and maintenance will be needed as personal contract hire increasingly makes an impact in corporate circles, says Epyx.
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Market Insight 20 Nov
Long-term car ownership decline drives return trade to dealerships
A decline in long-term car ownership triggered by PCP and PCH finance offers is driving the swifter return of motorists to the UK’s car dealerships, an AA Populus survey has revealed.