Company Car v Company Allowance?16/10/2018
There are lots of questions regarding company cars, and company allowance, meaning knowing which is best for you becomes a challenge.
Here at BMW Park Lane we are able to quote you on both Business Contract Hire and Personal Contract Hire, meaning you can make your decision with only one party involved. Our team have lots of experience dealing in both these areas and are on hand to help you and give you the facts straight, enabling you to make your own decision, so it suits you best.
Personal Contract Hire using a company allowance is becoming a very popular form of finance for your car. We can also help you decide which is the best form of finance to use.
Our Team. We would also like to introduce our Corporate Team, who are on hand to answer any questions you have on this subject.
You can get in contact with any of the team by clicking below.
For Business customers, we are able to quote both business contract hire, and personal allowing you the flexibility to choose which purchase method works for your situation.
We have included a selection of our best offers on both personal and business contract hire, if you would like any more information on these offers or any other models across our BMW range, don't hesitate to get in contact with our team below.
OUR CORPORATE TEAM.
The team here at BMW Park Lane are on hand to give you guidance and advice, and to ultimately get you into a new car, in a way that suits you best.
Here is a bit about our team members and their details for getting in contact.
Mark is the newest member of the team, still with 2 years at BMW Park Lane. His previous experience at Alphabet UK gives Mark a good knowledge of finance products giving you the best chance to secure the best offer on your new BMW or MINI with us. Click to email Mark.
Marius has been a Local Business Development Manager and Park Lane for 6 years now and has experience to deal with any situation. If you would like more information on any models in our range or to speak to Marius about a quote, email him here.
Adrian is our Corporate Sales Manager and has experience across the Corporate Market. Adrian manages his team of Business Development Managers to ensure high standards across our work and a continual focus on customer service. To speak to Adrian, click below.
WHAT IS EVERYONE ELSE SAYING?
Googling the argument is simple, sifting through the hundreds of articles on the subject becomes a little more difficult. We have picked some of the better articles on the pros and cons of these options to help you get the total picture of what is available to you when it comes to getting a car through your business.
Contract Hire and Leasing
'Company car schemes are still regarded as one of the best perks as you work your way up the career ladder, but these days many companies offer employees a cash-based car allowance instead.'
'Company cars have long played a key role in employee benefits packages, but with taxes on company cars rising, many fleet drivers are choosing to take a cash alternative and reaching for increasingly attractive and competitive personal contract purchase (PCP) deals instead.'
'One of the perks of a PCP or leasing is that you can choose to pay a premium to have all servicing, maintenance and roadside assistance taken care of. That means your personal motoring can, in theory, be as worry-free as running a company car.'