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Personal Operating Lease (POL) agreement is very similar to a Personal Contract Hire agreement, in that it is a fixed term and mileage-based agreement for the hire of a car or van for a period usually between 2 and 5 years.
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Personal Contract Purchase (PCP) is a fixed term and mileage-based agreement which gives you the option to purchase the vehicle.
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Personal Contract Hire (PCH) is a fixed term and mileage-based agreement for the hire of a car for a period usually between 2 and 5 years.
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