With PCH, the car is never yours, and you don’t get any equity in the car to use as a part-exchange against your next car. It’s basically like hiring a car for a long period, hence the name.
Sometimes, servicing and maintenance costs are included in the payments you make, and there may also be a limit on how far you can drive. The mileage limit you agree can affect your monthly payments i.e. a 5,000-mile annual limit could be much cheaper than a 10,000-mile deal. If you go over the limit you have agreed, you will likely have to pay extra charges.
See the latest PCH deals available with Arval