What is Personal Contract Hire (PCH)?
Personal Contract Hire (PCH) allows you to lease a new Audi for a fixed term, usually 2–4 years, with predictable monthly rentals. At the end of your agreement, you simply return the vehicle, making it an excellent choice for those who want the thrill of driving a new Audi without committing to ownership.

Can I get an Audi e-tron on a PCH agreement?

Yes, the Audi e-tron and a range of other Audi models are available through Personal Contract Hire (PCH) agreements, subject to availability and finance approval.

Is servicing included in Audi PCH contracts?

Servicing isn’t automatically included in a Personal Contract Hire (PCH) agreement, but you can add an optional maintenance package for an additional monthly cost. This typically covers routine servicing, tyres, and standard repairs, helping you manage running costs more easily.

What happens if I exceed the agreed mileage?

If you exceed your agreed mileage allowance on a Personal Contract Hire (PCH) agreement, an excess mileage charge will apply. The exact rate is clearly outlined in your leasing contract.

Do I need to pay an upfront rental on Audi PCH?

Yes, most Personal Contract Hire (PCH) agreements require an initial rental payment, usually equal to several monthly rentals. The exact amount will depend on the specific terms of your lease contract.

Can I upgrade to a new Audi when my lease ends?

Yes, at the end of your Personal Contract Hire (PCH) agreement, you simply return the car and have the option to start a new lease on the latest Audi model.

What is Personal Contract Purchase (PCP)?
Audi PCP finance lets you enjoy lower monthly repayments by deferring part of the cost into a final optional payment, known as the Guaranteed Minimum Future Value (GMFV). At the end, you can return your Audi, pay the balloon payment to own it outright, or part-exchange it for a new model like the Q5 or A6.

Is PCP available on both new and Approved Used Audis?

Yes, Personal Contract Purchase (PCP) finance is available on both new and Approved Used Audi models, subject to finance approval and the vehicle’s age

How is the GMFV on an Audi calculated?

The Guaranteed Minimum Future Value (GMFV) is determined by Audi Finance and is based on several factors, including the model, contract length, agreed mileage, and the car’s predicted condition at the end of the PCP agreement

Can I part-exchange my Audi before the PCP ends?

Yes, you can part-exchange your Audi before the end of your PCP agreement, as long as the car’s market value is higher than the settlement figure. Any equity can then be used as a deposit towards your next vehicle

What if my Audi is worth more than the GMFV?

If your Audi’s market value is higher than the Guaranteed Minimum Future Value (GMFV) at the end of your PCP agreement, the difference can be used as a deposit towards a new Audi. Alternatively, if you choose to sell the car privately after settling the finance, you can keep any additional value as profit.

Do I have to buy the car at the end of PCP?

No, at the end of a Personal Contract Purchase (PCP) agreement, you have three options: pay the final balloon payment to own the car outright, return the vehicle with nothing further to pay (subject to mileage and condition), or upgrade to a new Audi using any available equity.

What is Business Contract Hire (BCH)?
Audi BCH is designed for companies and self-employed drivers, providing access to premium models like the Audi A4 or Q8 with tax-efficient leasing. Fixed monthly rentals make it easier to budget, and VAT may be reclaimable depending on your business type.

Can BCH include maintenance for my Audi?

Yes, you can add a maintenance package to your Audi Business Contract Hire (BCH) agreement for an additional monthly cost. This typically covers routine servicing, tyre replacements, and standard repairs, helping your business manage running costs more efficiently.

Are Audi business users eligible for special rates?

Yes, Audi frequently offers business users competitive Business Contract Hire (BCH) rates, which can vary depending on the model selected and any current special offers.

What are the tax benefits of BCH for Audi cars?

Monthly rentals on an Audi Business Contract Hire (BCH) agreement are typically tax-deductible as a business expense. In addition, VAT-registered companies may be able to reclaim some or all of the VAT, depending on the level of business use.

Can BCH agreements be tailored for fleets of multiple Audis?

Yes, Audi Business Contract Hire (BCH) agreements can be set up for individual company cars or tailored fleet solutions, with flexible terms designed to suit your business needs.

Do I need a business credit check for BCH?

Yes, a business credit check is required to confirm eligibility before an Audi Business Contract Hire (BCH) agreement can be approved.

What is Hire Purchase?
Hire Purchase (HP) for Audi is a simple way to spread the cost of models like the Audi A1 or Q7 with fixed monthly payments. At the end of the agreement, once the final instalment is made, the car is yours to own outright.

Do I need a deposit for Audi Hire Purchase?

Yes, most Audi Hire Purchase (HP) agreements require an upfront deposit. The exact amount can vary, but paying a larger deposit will typically lower your monthly repayments and make the finance agreement more affordable overall.

Can I settle my Audi HP agreement early?

Yes, you can request a settlement figure on your Audi Hire Purchase (HP) agreement at any time. Settling early may reduce the total amount of interest you pay over the term of the finance.

How long are typical Audi HP contracts?

Audi Hire Purchase (HP) agreements typically run between 2 and 5 years, depending on the finance terms you choose and what best suits your budget.

Do I own the Audi at the end of HP?

Yes, once you’ve made all the payments on your Audi Hire Purchase (HP) agreement, including any option-to-purchase fee, you’ll own the car outright.

Is HP available on both new and Approved Used Audis?

Yes, Hire Purchase (HP) finance is available on both new and Approved Used Audi models, subject to finance approval.