FCA Fleet Services has launched a personal contract hire (PCH) product for Fiat, Alfa Romeo and Jeep models.
The PCH package includes maintenance, servicing and even tyre replacement.
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The lender has branded the PCH offer ‘Be-Free’, and also includes a fund licence for the contract duration, breakdown cover and roadside assistance in UK and Europe, and free GAP waiver, which covers any early termination cost in the event of a write-off.
It has been made available for the Fiat Tipo Hatchback, Tipo Wagon and 500X, the Alfa Romeo Giulia and the Jeep Renegade, Cherokee and Grand Cherokee models.
Terms include 24- to 60-month terms, 3- to 24-month initial rental, and up to 150,000 miles covered over the contract duration.
Franck Gaillard, rental and fleet director, FCA FS, said: “Personal contract hire is designed to be simple and hassle-free, and that is exactly what we have achieved with our new Be-Free product.
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By GlobalData“I am delighted with this new offer which will provide complete cover across a large number of our model ranges.”
In the UK, PCH remains a relatively small product however, according to cap hpi, a majority of dealers expect it to continue to gain market share throughout 2017.
FCA Fleet Services is part of FCA Automotive Services UK Ltd which specialises in financial services for the purchase and contract hire of Fiat Chrysler Automobiles vehicles. It is part of FCA Bank, a financial joint venture established by Fiat Chrysler Automobiles and Crédit Agricole, a primary French banking group.
