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What is Business Contract Hire? And How Does It Work?

Business contract hire (also known as BCH) is a type of car finance specifically designed for businesses. It allows your company to lease a car from a finance provider for a given number of months. At the end of the term, you return the car. Under BCH, you are the registered keeper of the car and not the owner.

29 Jun 2018 8:00am
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Can You Add Extras to a Lease Car?

“Can I add optional extras to a car if I’m leasing it?” This is a question we get asked a lot. The short answer is: Yes! But adding optional extras to a leased car is obviously a little bit different to adding them to a car you plan on buying.

29 Jun 2018 8:00am
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What is Personal Contract Purchase? And Why Is It So Popular?

With a personal contract purchase (PCP) agreement, you’ll agree to mileage restrictions and to return the car in a particular condition. You’ll then pay fixed, monthly instalments, over a period of time – usually between two and five years. You’ll be the registered keeper of the car – responsible for it’s maintenance, MOT and repairs – but you won’t actually be the legal owner.

29 Jun 2018 8:00am
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Company Car vs Company Car Allowance

Great news, your new job offers a company car or a car allowance in your benefit package! Now it’s time to decide, will you take the car on offer from the company, or will you opt to source your own vehicle and use the cash allowance towards it?

29 Jun 2018 8:00am
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Pros and Cons of a Company Car

Like most questions, there are multiple different viewpoints and conclusions. While some people will tell you that company cars are worthless expense, others will swear by them and claim company cars are a great staff retention tool.

29 Jun 2018 8:00am
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