What is Personal Contract Hire (PCH)?
Geely PCH lets you lease a new Geely for 2–4 years with fixed monthly payments. At the end of the agreement, you simply return the vehicle, making it a suitable option for drivers who want to enjoy a new Geely without long-term ownership.

Can I lease the Geely EX5 on a PCH agreement?

Yes, the Geely EX5 is available through Personal Contract Hire (PCH) agreements, subject to availability and finance approval.

What happens if I go over my mileage allowance?

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

Is servicing included in Geely PCH contracts?

No, maintenance isn’t included as standard with a Geely Personal Contract Hire (PCH) agreement. However, you can add an optional maintenance package for an additional monthly cost, which typically covers servicing, tyres, and routine repairs.

Do I need to make an initial rental payment?

Yes, most Geely Personal Contract Hire (PCH) agreements require an initial rental payment, typically equal to several monthly rentals. The exact amount will depend on your chosen terms and the details of your lease agreement.

Can I upgrade to another Geely when my lease ends?

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

What is Personal Contract Purchase (PCP)?
With Geely PCP, you can benefit from lower monthly payments by deferring part of the vehicle’s cost to an optional final payment. At the end of the agreement, you can return the car, make the final payment to keep it, or part-exchange for another Geely.

Is PCP available on both new and Approved Used Geely's?

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

How is the final balloon payment worked out?

The balloon payment, also known as the Guaranteed Minimum Future Value (GMFV), is determined by Geely Finance. It’s based on several factors, including the model, contract length, agreed mileage, and the car’s predicted value at the end of the PCP agreement.

Can I settle my Geely PCP early?

Yes, you can request a settlement figure on your Geely finance agreement at any time. Settling early may reduce the total amount of interest you pay over the duration of the contract.

What happens if my Geely is worth more than the GMFV?

If your Geely'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 equity towards a new Geely. Alternatively, if you 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 your Geely 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 Geely.

What is Business Contract Hire (BCH)?
Geely BCH is designed for businesses and sole traders, offering access to Geely vehicles on fixed monthly rentals. It’s a practical way to support your business mobility, with potential tax benefits depending on your circumstances.

Are maintenance packages available with Geely BCH?

Yes, you can add a maintenance package to your Geely 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.

What are the tax advantages of BCH for businesses?

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

Can sole traders apply for Geely BCH?

Yes, Geely Business Contract Hire (BCH) is available to sole traders, partnerships, and limited companies, subject to finance approval.

Do I own the Geely at the end of BCH?

No, with a Geely Business Contract Hire (BCH) agreement, you return the vehicle at the end of the contract. Ownership does not transfer to you, as BCH is a leasing option rather than a purchase agreement.

Can I return a Geely early under BCH?

Yes, you can return the vehicle before the end of your Geely Business Contract Hire (BCH) agreement, but early termination charges will usually apply. The exact cost will depend on the terms of your contract.

What is Hire Purchase?
Hire Purchase is a straightforward way to own a Geely by spreading the cost over fixed monthly instalments. Once the agreement is complete, the vehicle is yours, making it a suitable option if you plan to keep your Geely long term.

Do I own the Geely at the end of Hire Purchase?

Yes, once you’ve made all the payments on your Geely Hire Purchase (HP) agreement, including any option-to-purchase fee, the car is yours to keep.

How long are Geely HP contracts?

Geely 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 need a deposit to begin Geely Hire Purchase?

Yes, most Geely Hire Purchase (HP) agreements require an upfront deposit. Paying a larger deposit will typically lower your monthly payments and make the overall finance agreement more affordable.

Can I settle my Geely HP early?

Yes, you can request a settlement figure from Geely Finance at any time during your Geely Purchase (HP) agreement. Settling early may reduce the total amount of interest you pay over the duration of the contract.

Is HP available on Approved Used Geelys?

Yes, Hire Purchase (HP) finance is available on both new and used Geely models, subject to finance approval.