Personal Contract Hire

Browse a range of offers on new cars

NatWest is introducing customers to ALD Automotive Ltd.

What is Personal Contract Hire?

Personal Contract Hire (PCH) is a monthly rental agreement, which is often referred to as a lease, that could offer you lower monthly payments to drive a brand new car. You won't own the car at the end of the agreement, so it can be an option that may suit if you like to change your car regularly. 

Once you've picked a car that takes your fancy, you'll choose your advance payment amount, how long you'd like to lease the car for and how many miles you'll drive each year. This will then inform how much your monthly payments will be, these will not change during the course of your agreement. Relevant charges may apply when you hand the car back at the end of your agreement.

Your brand new shiny car will then be delivered to your door within weeks. All without having to leave the comfort of your home.

Let's get into the detail

What's in it for me?

  • Low monthly payments with the option to choose an advance payment of 1, 3, 6, 9 or 12 months rental (minimum advance payment of 1 month required)
  • Standard manufacturer warranty and road fund licence for the length of your agreement included as standard
  • Maintenance packages are available as an add on, allowing you to spread your running costs (such as servicing and tyres) with one manageable payment per month*
  • Cars are only advertised on ALD's site if they are in stock, this allows quick delivery so you receive your brand new car sooner than you think
  • Simply hand the car back at the end of your agreement

*ALD's terms and conditions apply

Keep in mind

  • You won't own the car at the end of the agreement, and won't have the option to buy the car
  • If you go over your agreed mileage, you'll be charged a pence per mile fee
  • When you hand the car back, there may be charges for any damage that goes beyond fair wear and tear
  • PCH is only available on advertised new cars on ALD's website

Ready to see the latest offers from ALD?

Your dream car may be closer than you think....

Useful info

How is my monthly cost calculated?

Your monthly cost is based on three main factors:

  • How many miles you'll drive each year. You can choose between 5,000 and 50,000 miles, dependent on how long your agreement is for. The maximum mileage the car can do by the time you hand it back can be no more than 100,000 miles.
  • How long your agreement is for, you can choose how how long your agreement can last between 24 and 48 months.
  • How much you pay upfront, advance payments are made at the start of the agreement which reduces your monthly payments. You can choose from 1, 3, 6, 9 or 12 months rental (minimum advance payment of 1 month required).

Can I customise my car?

ALD only advertise cars which they already have in stock. This means that you will be limited in what you can customise with your car. You will be given the option to choose from specified options such as paint colour, but these vary from car to car. For more information on what you can choose, the best thing to do is visit ALD's site and take a look at your chosen car. Be aware that different options may affect how much your monthly payment will be.

Still considering your finance options?

Personal Loans

If you want to own your car outright from the beginning – why not take a look at our personal loan options?

Eligibility criteria applies.

Personal Contract Purchase (PCP)

PCP is an alternative method of car finance that is available on nearly new and used cars.

Eligibility criteria applies.

Legal stuff

ALD Automotive are the leading vehicle leasing operation in Europe, they manage over 1.5 million vehicles across 43 countries worldwide. We have partnered with them to gain access to their expertise and give NatWest customers access to a wider range of products to meet their vehicle asset finance needs.  If you take out a car finance agreement, the agreement will be between you and ALD Automotive Limited.

NatWest is introducing customers to ALD Automotive Ltd. NatWest will receive commission from ALD if you proceed with a car finance agreement.  If you would like to know the exact payment that NatWest has received from ALD in relation to your car finance agreement, please contact ALD directly:

Phone: 0370 325 0030


If you need to make a complaint relating to your car finance agreement with ALD Automotive, you can contact ALD directly:

Phone: 0370 325 0030


Alternatively, you can contact NatWest directly.

National Westminster Bank Plc, 250 Bishopsgate, London EC2M 4AA is authorised and regulated by the Financial Conduct Authority.

Something else we can help you with?