Finance Options at BCC Cars

Here at BCC Cars, we understanding opting to finance your new, used or business vehicle can be a difficult decision. This is why we have created a handy section dedicated to explaining the different finance options available to you, including Hire Purchase, Business Contract Hire (BCH), Personal Contract Hire (PCH) and Personal Contract Purchase (PCP).

Need more information? With dealerships across Bolton, Bury, Blackburn and Wigan, simply contact the BCC dealership closest to you to find out more.

Business Finance Options

Business Contract Hire

Business Contract Hire is made for businesses, allowing them to finance their vehicles with a low down payment and agreed mileage for the duration of the contract. Mileage that exceeds the agreed amount is charged at an excess mileage rate, which will be billed at the end of the contract. This finance option is subject to VAT, of which 50% can be reclaimed.


Private Finance Options

Personal Contract Hire

With Personal Contract Hire, there isn’t an option to purchase the car at the end, so is suitable for someone who wants to rent a car rather than buy one. With a contract typically spanning over two or three years, there is an agreed mileage limit applied to the contract with fixed monthly payments and servicing included. When the term ends, simply hand the car back to the dealership or take out a new lease.

Personal Contract Purchase

With Personal Contract Purchase (PCP) you pay a deposit on the vehicle and make monthly repayments until the end of the term. When the term ends, you have 3 options;

  1. Pay the Optional Final Payment (sometimes known as a ‘balloon payment’) in order to purchase the vehicle outright
  2. Use the equity you have in deal (if the vehicle has maintained more of its value than expected) to put down as a deposit on a new vehicle, via a new PCP deal;
  3. Return the vehicle and walk away without making any further repayments.
Further charges may be applicable based on the condition of the vehicle and mileage restrictions.

Hire Purchase

The simplest car finance plan, Hire Purchase allows you to hire a car after paying a relatively low deposit with an option to buy at the end of your contract. With Hire Purchase, we offer flexible repayment terms to fit your monthly budget (between one and five years), and even fixed interest rates so you know exactly what you’re paying every month.

Monday 8:30 am - 6:30 pm
Tuesday 8:30 am - 6:30 pm
Wednesday 8:30 am - 6:30 pm
Thursday 8:30 am - 6:30 pm
Friday 8:30 am - 6:30 pm
Saturday 8:30 am - 5:00 pm
Sunday 11:00 am - 5:00 pm
Bank Holiday 11.00 am - 5.00 pm
Monday 8:00 am - 5:30 pm
Tuesday 8:00 am - 5:30 pm
Wednesday 8:00 am - 5:30 pm
Thursday 8:00 am - 5:30 pm
Friday 8:00 am - 5:30 pm
Saturday 8:30 am - 12:30 pm
Sunday   Closed  
Bank Holiday   Closed