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    PCP or PCH for Car
    • #1
    • 10th Apr 12, 3:32 PM
    PCP or PCH for Car 10th Apr 12 at 3:32 PM
    Hi All,
    i am considering a car with a value of 20k which i plan to keep for 35 months and hand back the keys after this as part of the PCP or PCH. What are the overall financial pro's and con's ?

    i understand currently

    1. PCP per month payments are cheaper but the entire loan get's added to your credit file which could have issues in the future

    2. PCH is a lease which only shows up on your credit file as a monthly payment without the entire amount being shown on your credit file.

    If anyone can please advise if i have missed anything ?

    Thank you
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