Much like renting a car on holiday, you simply pay for what you use with a PCH.
The initial deposit is very small or non-existent, and you pay monthly instalments that usually include servicing and maintenance, and often cover depreciation.
These payments are generally less than with a PCP or HP.
Sounds ideal, but remember you'll never own the car and these schemes are not widely available. Also, private users cannot claim back the VAT.
