• Home
  • Advice
  • Brands
  • Partners
  • News
  • Reviews
  • Forum
  • New car ratings

Fiat brands move into personal contract hire market

The first move away from PCPs, or an attempt to squeeze out brokers?

Stay up to date with the latest from The Car Expert

Latest articles

Jaguar issues I-Pace recall over potential brake issue

Jaguar has announced a worldwide recall of its all-electric I-Pace SUV over potential braking issues. It affects cars made...

New road sign launched to help protect small mammals

A new road sign is being introduced across the UK to warn drivers of small animals on the road.

Motorway red ‘X’ signs now being enforced by cameras

Drivers now face an automatic penalty by camera if they ignore red ‘X’ signs for closed lanes on smart motorways.

Alpine A110S gets more power and better handling

French brand Alpine – the sports car sub-brand owned by Renault – has revealed the Alpine A110S, a more powerful and better-handling version...
 

Fiat’s finance arm has begun offering personal contract hire (PCH) packages on selected Fiat, Alfa Romeo and Jeep models from its dealerships, in a move which aims to strengthen its position in the growing PCH sector.

Private customers looking at a Fiat Tipo or 500X, Alfa Romeo Giulia or Jeep Cherokee, Grand Cherokee or Renegade will now have a factory-backed PCH option to compare with the traditional personal contract purchase (PCP) or hire purchase (HP) offers.

The new offering, called Be-Free, includes road tax, breakdown cover and roadside assistance and free GAP insurance finance waiver (which covers any early termination costs in the event of the car being declared a total loss).

Customers can choose terms from two to five years, with mileage allowances of up to 150,000 miles over the total duration. A variety of upfront rental payments is also available.

New ground for Fiat Chrysler Automobiles

   

The move into personal contract hire is potentially a significant one for Fiat’s brands, as controversy continues to swirl around PCP car finance, and it is likely that more models will be added to the above list in coming months. The move may also be an attempt by Fiat Chrysler Automobiles (FCA) to reclaim some of the finance business which is currently going to a large number of independent finance brokers currently monopolising the PCH market.

The new PCH offers are being managed by FCA Fleet Services, the contract hire division of FCA Bank, which is a joint venture between Fiat Chrysler Automobiles and French bank Crédit Agricole.

For the best independent and impartial car buying advice on the internet, always check with The Car Expert:

  • Subscribe to our newsletter for weekly tips and the latest offers from car manufacturers
  • Follow us on Facebook and Twitter to see our latest articles as soon as we publish them
  • Bookmark our site so you can check back regularly
Stuart Masson
Stuart Massonhttps://www.thecarexpert.co.uk/
Stuart is the Editorial Director of our suite of sites: The Car Expert, The Van Expert and The Truck Expert. Originally from Australia, Stuart has had a passion for cars and the automotive industry for over thirty years. He spent a decade in automotive retail, and now works tirelessly to help car buyers by providing independent and impartial advice.

The Car Expert Gold Partners

(click each logo to read more)

Fiat brands move into personal contract hire market 2
Fiat brands move into personal contract hire market 3
Fiat brands move into personal contract hire market 4
Fiat brands move into personal contract hire market 5

Latest articles

Jaguar issues I-Pace recall over potential brake issue

Jaguar has announced a worldwide recall of its all-electric I-Pace SUV over potential braking issues. It affects cars made...

New road sign launched to help protect small mammals

A new road sign is being introduced across the UK to warn drivers of small animals on the road.

Motorway red ‘X’ signs now being enforced by cameras

Drivers now face an automatic penalty by camera if they ignore red ‘X’ signs for closed lanes on smart motorways.

Alpine A110S gets more power and better handling

French brand Alpine – the sports car sub-brand owned by Renault – has revealed the Alpine A110S, a more powerful and better-handling version...

First Aston Martin DBX boosts UK car manufacturing

The first pre-production examples of the upcoming Aston Martin DBX SUV have rolled off the production line at the firm’s new factory in Wales.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Be the first to know

Would you like to stay up to date with The Car Expert?