Reviewed by
Billy Lang, Director
FCA Registration No: 835008
The classic mid-contract realisation
You signed a 36-month PCH three years ago. Your job changed. Or your family changed. Or your business changed. The vehicle you committed to in year one isn't the vehicle you need in year three. And another 36-month commitment is the last thing you want.
That's where Flexi Lease genuinely fits. Six-month minimum, 48-month maximum, swap or hand back along the way.
Three honest options at end-of-PCH
Another PCH/BCH
Cheapest monthly. Best if your next 3 years look like the last 3 — same job, same family, same vehicle need.
Flexi Lease
Slightly higher monthly. Best if anything in your life is mid-change. Six-month minimum gives you room to think.
Rent to Buy
Slightly higher monthly than Flexi. Best if you've fallen in love with this exact category of car and want to own outright next time.
The switch process
How to land it cleanly
- 1
Two months before PCH end
Get in touch. Run a soft credit check via Creditsafe — does not normally affect your credit score the same way as a full lending application.
- 2
Confirm the new vehicle
Same vehicle, similar vehicle, or genuinely different — whatever fits the next chapter. Term length and mileage matched to your real situation.
- 3
Match the timing
We schedule delivery of the new vehicle to coincide with hand-back of the PCH vehicle. No interim car, no gap.
- 4
Hand back & swap
Drop the old, collect the new. End-of-contract checks on the PCH happen with that lender; the new lease is independent.
A real example
Placeholder — awaiting real case study
Anonymised approval — PCH-to-Flexi switch
Short paragraph describing one real customer (no name) coming off a PCH agreement: what changed in their circumstances, what we recommended, and the term/vehicle they ended up on. Client to supply.
Related
Frequently asked questions
I'm at the end of my PCH — what are my options?
Three normal routes: another long-term contract hire (PCH or BCH), a Flexi Lease (rent + return on a flexible term), or stepping into a Rent to Buy if you want ownership. The right choice depends on whether your next 3 years look like the last 3 years.
Can I move from PCH to Flexi Lease without a gap?
Yes. Get in touch a couple of months before your PCH end date so we can run a soft credit check via Creditsafe, agree the new vehicle and terms, and time delivery to coincide with the hand-back of the PCH vehicle. No interim van/car needed.
Is Flexi Lease more expensive monthly than the PCH I'm leaving?
Often yes — Flexi Lease typically costs slightly more per month than PCH for an equivalent vehicle and term, because you're paying for shorter minimum commitments and the option to swap or hand back. The honest version: if you're certain about the next 3 years, PCH is usually cheaper monthly. If you're not certain, the flexibility may be worth more than the difference.
Do you accept customers coming off competitor PCH agreements?
Yes. End-of-contract switches are a substantial part of our customer base. We'll need the usual checks — soft credit check via Creditsafe at quote stage, identity, address, affordability — but having just held a PCH typically reads positively on a credit file.
All applications subject to status.
End-of-contract checks on your existing PCH happen with that lender — separate from the Flexi Lease. First Flexi Lease is a trading name of Oak First Investments Ltd. FCA Registration No: 835008. Authorised and regulated by the Financial Conduct Authority.
Two months out? Now is the right time to call
Soft check via Creditsafe, vehicle agreed, timing matched to your hand-back date. No gap, no interim car.
