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It is an &lsquo;operational lease&rsquo; that allows a business to lease a company car by simply making a fixed monthly payment for a period that is typically between 2 and 4 years.&nbsp; <br />\\n<br />\\nAt the end of the lease contract, the business returns the old company car and obtains a new car and lease contract.&nbsp; Occasionally, here may be an opportunity to purchase the vehicle at the end of the period if done through a third party.<br /><br /><span style=\\\"font-family: 'Times New Roman'; font-size: medium;\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; background-position: initial initial; background-repeat: initial initial; margin: 8px;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</a></div>\\n</span>\\n<br />\\n<h2>Advantages of Business Contract Hire</h2>\\n<p>Business Contract Hire is a popular option for businesses because:</p>\\n<ol>\\n<li>Contract Hire frees up cash instead of investing it in a non-core depreciating asset since there is&nbsp; a smaller initial payment required (the equivalent of only 3 months payments upfront);</li>\\n<li>It avoids having the asset on the balance sheet and avoids financial risk as the business is not committed to the entire cost of the vehicle;</li>\\n<li>The business spends significantly less each month (as much as 60%) than it would need to spend on a loan or &lsquo;hire purchase&rsquo; (it gets a &lsquo;bigger bang for its buck&rsquo;); </li>\\n<li>There is no need to arrange or negotiate to sell the vehicle when a new one is required;</li>\\n<li>There is no market value risk arising from the vehicle because it does not need to be sold in the open market at any point;</li>\\n<li>The business can select the exact requirements online and have them delivered;</li>\\n<li>It is certainly cheaper than ownership over the long term if the business needs to run and replace new vehicles more frequently than every five years or less;</li>\\n<li>The business can include all maintenance and services in the monthly price;</li>\\n<li>The road fund licence will always be included for the first year of the lease contract and often for the life of the contract; and,</li>\\n<li>Vehicles can be kept relatively new and this promotes a positive, successful image of the business<br /><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><br />Quick Search for the Best Business Contract Hire Packages Here &gt;<br />&nbsp;</a><br />\\n    <br />\\n    </li>\\n</ol>\\n<h2></h2>\\n<h2>Disadvantages of Business Contract Hire</h2>\\n<p>Compared to a <a title=\\\"Business Car Loan\\\" href=\\\"/car-finance-options/business-car-loan\\\">business loan</a> or buying the vehicle for cash:</p>\\n<ol>\\n<li>The business is limited to the annual mileage chosen upfront, over and above which excess mileage fees will be incurred;</li>\\n<li>Contract cancellation incurs penalty fees (which should be determined before the contract is signed; and,</li>\\n<li>The vehicle can not be modified for any particular business purposes. </li>\\n</ol>\\n<br />\\n<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"></a><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br />Quick Search for the Best Business Contract Hire Packages Here &gt;</a>&nbsp;.\\n\\n            </div>\");\n$(\"div.product_option > span:eq(0) > div:eq(0) > a:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</a></span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(9) > a:eq(0)\").replaceWith(\"<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><br /><span style=\\\"font-size: medium;\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</span><br />&nbsp;</a>\");\n$(\"div.product_option > a:eq(3)\").replaceWith(\"<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><span style=\\\"font-size: medium;\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</span></a>\");", 
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It is an &lsquo;operational lease&rsquo; that allows a business to lease a company car by simply making a fixed monthly payment for a period that is typically between 2 and 4 years.&nbsp; <br />\\n<br />\\nAt the end of the lease contract, the business returns the old company car and obtains a new car and lease contract.&nbsp; Occasionally, here may be an opportunity to purchase the vehicle at the end of the period if done through a third party.<br /><br /><span style=\\\"font-family: 'Times New Roman'; font-size: medium;\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; background-position: initial initial; background-repeat: initial initial; margin: 8px;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</a></div>\\n</span>\\n<br />\\n<h2>Advantages of Business Contract Hire</h2>\\n<p>Business Contract Hire is a popular option for businesses because:</p>\\n<ol>\\n<li>Contract Hire frees up cash instead of investing it in a non-core depreciating asset since there is&nbsp; a smaller initial payment required (the equivalent of only 3 months payments upfront);</li>\\n<li>It avoids having the asset on the balance sheet and avoids financial risk as the business is not committed to the entire cost of the vehicle;</li>\\n<li>The business spends significantly less each month (as much as 60%) than it would need to spend on a loan or &lsquo;hire purchase&rsquo; (it gets a &lsquo;bigger bang for its buck&rsquo;); </li>\\n<li>There is no need to arrange or negotiate to sell the vehicle when a new one is required;</li>\\n<li>There is no market value risk arising from the vehicle because it does not need to be sold in the open market at any point;</li>\\n<li>The business can select the exact requirements online and have them delivered;</li>\\n<li>It is certainly cheaper than ownership over the long term if the business needs to run and replace new vehicles more frequently than every five years or less;</li>\\n<li>The business can include all maintenance and services in the monthly price;</li>\\n<li>The road fund licence will always be included for the first year of the lease contract and often for the life of the contract; and,</li>\\n<li>Vehicles can be kept relatively new and this promotes a positive, successful image of the business<br /><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><br />Quick Search for the Best Business Contract Hire Packages Here &gt;<br />&nbsp;</a><br />\\n    <br />\\n    </li>\\n</ol>\\n<h2></h2>\\n<h2>Disadvantages of Business Contract Hire</h2>\\n<p>Compared to a <a title=\\\"Business Car Loan\\\" href=\\\"/car-finance-options/business-car-loan\\\">business loan</a> or buying the vehicle for cash:</p>\\n<ol>\\n<li>The business is limited to the annual mileage chosen upfront, over and above which excess mileage fees will be incurred;</li>\\n<li>Contract cancellation incurs penalty fees (which should be determined before the contract is signed; and,</li>\\n<li>The vehicle can not be modified for any particular business purposes. </li>\\n</ol>\\n<br />\\n<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"></a><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br />Quick Search for the Best Business Contract Hire Packages Here &gt;</a>&nbsp;.\\n\\n            </div>\");\n$(\"div.product_option > span:eq(0) > div:eq(0) > a:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</a></span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(9) > a:eq(0)\").replaceWith(\"<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><br /><span style=\\\"font-size: medium;\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</span><br />&nbsp;</a>\");\n$(\"div.product_option > a:eq(3)\").replaceWith(\"<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><span style=\\\"font-size: medium;\\\">Quick Search for the Best Business Contract Hire Packages Here &gt;</span></a>\");\n$(\"div.product_option > span:eq(0) > div:eq(0) > span:eq(0) > a:eq(0)\").replaceWith(\"<span style=\\\"font-family: 'Times New Roman'; font-size: medium;\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; background-position: initial initial; background-repeat: initial initial; margin: 8px;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">What Car Can You Get for Your Monthly Budget? Click Here to Compare deals &gt;</a></div>\\n</span>\");\n$(\"div.product_option > span:eq(0) > div:eq(0) > span:eq(0) > span:eq(0) > div:eq(0) > a:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">What Car Can You Get for Your Monthly Budget? Click Here to Compare deals &gt;</a></span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(9) > a:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: small;\\\"><span style=\\\"font-family: 'Times New Roman';\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; background-position: initial initial; background-repeat: initial initial; margin: 8px;\\\"><span style=\\\"font-family: 'Times New Roman';\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; margin: 8px;\\\"><span style=\\\"font-size: medium;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">What Car Can You Get for Your Monthly Budget? Click Here to Compare deals &gt;</a></span></div>\\n</span></div>\\n</span></span>\");\n$(\"div.product_option > a:eq(3) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: small;\\\"><span style=\\\"font-family: 'Times New Roman';\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; background-position: initial initial; background-repeat: initial initial; margin: 8px;\\\"><span style=\\\"font-family: 'Times New Roman';\\\">\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; margin: 8px;\\\"><span style=\\\"font-size: medium;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">What Car Can You Get for Your Monthly Budget? Click Here to Compare deals &gt;</a></span></div>\\n</span></div>\\n</span></span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(9)\").replaceWith(\"<li>Vehicles can be kept relatively new and this promotes a positive, successful image of the business<br /><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><br /><br /><span style=\\\"font-size: small;\\\"><span style=\\\"font-family: 'Times New Roman';\\\">\\n</span></span></a>\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; background-position: initial initial; background-repeat: initial initial; margin: 8px;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><span style=\\\"font-family: 'Times New Roman';\\\">\\n</span></a>\\n<div style=\\\"color: #000000; font-family: Verdana, Arial, Helvetica, sans-serif; font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: #ffffff; margin: 8px;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\"><span style=\\\"font-size: medium;\\\"></span></a><span style=\\\"font-size: medium;\\\"><a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">What Car Can You Get for Your Monthly Budget? Click Here to Compare deals &gt;</a></span></div>\\n</div>\\n<br />\\n    <br />\\n    </li>\");", 
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    "11568967": {
      "code": "$(\"div.product_option > h1:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Business Contract Hire    <span style=\\\"color: #ff9900; text-decoration: underline;\\\"><a title=\\\"Instantly check prices from top UK leasing companies and dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">&gt;&gt;Get Contract Hire Price</a></span></span></strong></span>\");", 
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    }, 
    "11668571": {
      "code": "$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Contract Hire Explained\\n\\t</div>\\n<h1><span style=\\\"font-size: large;\\\"><strong><span style=\\\"color: #1f497d; font-family: arial;\\\">Personal Contract Hire (PCH)</span></strong></span></h1>\\n<br />\\nPersonal Contract Hire (PCH) is a form of car leasing for personal users &ndash; if you are looking for <a title=\\\"business car leasing\\\" href=\\\"/car-finance-options/business-contract-hire\\\">business car leasing</a> please visit our <a title=\\\"Business Car finance options\\\" href=\\\"/car-finance-options/business\\\">business</a> users page. <br />\\n<br />\\nWith PCH you pay a monthly car lease fee to obtain a new car for a period of typically between two to four years.  Legal ownership is retained by the finance company that delivers your contract car to your door. With personal contract hire, at the end of the term, you can have it replaced by another new contract car for a set monthly payment. Occasionally, the company will agree to sell you the car in return for a single lump payment if you wish to keep it.<br />\\n<br />\\nPersonal Contract Hire is similar to Personal Contract Purchase but you do not have the certain option of purchasing and retaining the car for a predictable price at the end of the contract.<br />\\n<br />\\n<h2><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><strong><a title=\\\"See the cheapest PCH price for your car by clicking on this link\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View PCH prices from top UK lenders/dealers for your preferred car</a></strong></span></h2>\\n<p>&nbsp;</p>\\n<h2></h2>\\n<h2>Advantages of Personal Contract Hire</h2>\\n<p>Depending on your priorities, paying monthly to &lsquo;lease&rsquo; a car with personal contract hire could be more attractive than buying or using hire purchase because:</p>\\n<ol>\\n<li><span style=\\\"font-family: helvetica;\\\">W</span>ith personal contract hire you can drive a new and often prestigious vehicle with a small upfront payment (typically 3 months) and significantly less each month (as much as 60%) than you would need to spend on a loan or &lsquo;hire purchase&rsquo; (you get a &lsquo;bigger bang for your buck&rsquo;);</li>\\n<li>With PCH you are also exposed to less financial risk, as the lease contract you sign is for the monthly payment across a lease contract term of 2, 3 or 4 years &ndash; not the cost of the entire car;</li>\\n<li>There is a smaller initial deposit payment required than for Hire Purchase or loan, normally equivalent to three months payments (followed by 35 more for a three year contract);</li>\\n<li>With personal contract hire you don&rsquo;t need to arrange or negotiate to sell your old car when you want a new car;</li>\\n<li>You can select the exact trim and colour online as for any new car purchase and unlike buying a used car from a dealership;</li>\\n<li>With PCH depreciation does not affect your investment in a car but rather the investment by the finance company from whom you are leasing;</li>\\n<li>Personal Contract Hire is also cheaper than ownership over the long term if you intend to drive new cars and replace them every few years;</li>\\n<li>You have the option of having all maintenance and services included in the monthly price;</li>\\n<li>The road fund licence will always be included for the first year of the lease contract and often for the life of the contract, and they will send you the tax disc for the windscreen each year;</li>\\n<li>It may be possible to reduce the Benefit In Kind (BIK) tax implications of a company car through paying for a contract hire through a car allowance.<br />\\n    <br />\\n    </li>\\n</ol>\\n<h2></h2>\\n<h2>Disadvantages of Personal Contract Hire</h2>\\n<ol>\\n<li>The car is owned by the finance company and not you so you may feel a lack of &lsquo;ownership&rsquo; if that is important to you;</li>\\n<li>You will be limited to the annual mileage you choose upfront, over and above which you must consider excess mileage fees because it lowers the sale value of your car;</li>\\n<li>If you wish to cancel your contract and return the car then there is likely to be a penalty fee that will vary depending on your agreement;</li>\\n<li>You should not modify the car without permission and you may not find it makes sense to pay for car-specific add-ons;</li>\\n<li>Compared with Personal Contract Purchase, you are not guaranteed the right to retain the car at the end of the contract for a price agreed in the original contract.</li>\\n</ol>\\n<a title=\\\"Personal contract hire quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\"><br />\\nCompare Personal Contract Hire Quotes.</a>\\n\\n            </div>\");", 
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    "11677825": {
      "code": "$(\"div.product_option > h1:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: large;\\\"><strong><span style=\\\"color: rgb(31, 73, 125); font-family: arial;\\\">Personal Contract Hire (PCH)   </span><span style=\\\"color: rgb(255, 153, 0); font-family: arial;\\\"><span style=\\\"text-decoration: underline;\\\"><a title=\\\"Get a PCH price for your preferred car in two clicks\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;&gt; Get a PCH Price</a></span></span></strong></span>\");\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Contract Hire Explained\\n\\t</div>\\n<h1><span style=\\\"font-size: large;\\\"><strong><span style=\\\"color: #1f497d; font-family: arial;\\\">Personal Contract Hire (PCH)   </span><span style=\\\"color: #ff9900; font-family: arial;\\\"><span style=\\\"text-decoration: underline;\\\"><a title=\\\"Get a PCH price for your preferred car in two clicks\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;&gt; Get a PCH Price</a></span></span></strong></span></h1>\\n<br />\\nPersonal Contract Hire (PCH) is a form of car leasing for personal users &ndash; if you are looking for <a title=\\\"business car leasing\\\" href=\\\"/car-finance-options/business-contract-hire\\\">business car leasing</a> please visit our <a title=\\\"Business Car finance options\\\" href=\\\"/car-finance-options/business\\\">business</a> users page. <br />\\n<br />\\nWith PCH you pay a monthly car lease fee to obtain a new car for a period of typically between two to four years.  Legal ownership is retained by the finance company that delivers your contract car to your door. With personal contract hire, at the end of the term, you can have it replaced by another new contract car for a set monthly payment. Occasionally, the company will agree to sell you the car in return for a single lump payment if you wish to keep it.<br />\\n<br />\\nPersonal Contract Hire is similar to Personal Contract Purchase but you do not have the certain option of purchasing and retaining the car for a predictable price at the end of the contract.<br />\\n<br />\\n<h2><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><strong><a title=\\\"Use our filters to get a no obligation PCH price from top UK dealers and lenders \\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;&gt;Get a PCH price for your preferred car in three clicks</a></strong></span></h2>\\n<p>&nbsp;</p>\\n<p>&nbsp;</p>\\n<h2></h2>\\n<h2>Advantages of Personal Contract Hire</h2>\\n<p>Depending on your priorities, paying monthly to &lsquo;lease&rsquo; a car with personal contract hire could be more attractive than buying or using hire purchase because:</p>\\n<ol>\\n<li><span style=\\\"font-family: helvetica;\\\">W</span>ith personal contract hire you can drive a new and often prestigious vehicle with a small upfront payment (typically 3 months) and significantly less each month (as much as 60%) than you would need to spend on a loan or &lsquo;hire purchase&rsquo; (you get a &lsquo;bigger bang for your buck&rsquo;);</li>\\n<li>With PCH you are also exposed to less financial risk, as the lease contract you sign is for the monthly payment across a lease contract term of 2, 3 or 4 years &ndash; not the cost of the entire car;</li>\\n<li>There is a smaller initial deposit payment required than for Hire Purchase or loan, normally equivalent to three months payments (followed by 35 more for a three year contract);</li>\\n<li>With personal contract hire you don&rsquo;t need to arrange or negotiate to sell your old car when you want a new car;</li>\\n<li>You can select the exact trim and colour online as for any new car purchase and unlike buying a used car from a dealership;</li>\\n<li>With PCH depreciation does not affect your investment in a car but rather the investment by the finance company from whom you are leasing;</li>\\n<li>Personal Contract Hire is also cheaper than ownership over the long term if you intend to drive new cars and replace them every few years;</li>\\n<li>You have the option of having all maintenance and services included in the monthly price;</li>\\n<li>The road fund licence will always be included for the first year of the lease contract and often for the life of the contract, and they will send you the tax disc for the windscreen each year;</li>\\n<li>It may be possible to reduce the Benefit In Kind (BIK) tax implications of a company car through paying for a contract hire through a car allowance.<br />\\n    <br />\\n    </li>\\n</ol>\\n<h2></h2>\\n<h2>Disadvantages of Personal Contract Hire</h2>\\n<ol>\\n<li>The car is owned by the finance company and not you so you may feel a lack of &lsquo;ownership&rsquo; if that is important to you;</li>\\n<li>You will be limited to the annual mileage you choose upfront, over and above which you must consider excess mileage fees because it lowers the sale value of your car;</li>\\n<li>If you wish to cancel your contract and return the car then there is likely to be a penalty fee that will vary depending on your agreement;</li>\\n<li>You should not modify the car without permission and you may not find it makes sense to pay for car-specific add-ons;</li>\\n<li>Compared with Personal Contract Purchase, you are not guaranteed the right to retain the car at the end of the contract for a price agreed in the original contract.</li>\\n</ol>\\n<a title=\\\"Personal contract hire quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\"><br />\\nCompare Personal Contract Hire Quotes.</a>\\n\\n            </div>\");\n$(\"div.product_option > h1:eq(0) > span:eq(0) > strong:eq(0) > span:eq(1) > span:eq(0) > a:eq(0)\").replaceWith(\"<a title=\\\"Get a PCH price for your preferred car in three clicks\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;&gt; Get a PCH Price</a>\");\n$(\"div.product_option > html:eq(0)\").replaceWith(\"<html></html>\");\n$(\"div.product_option > h2:eq(0) > span:eq(0) > strong:eq(0) > a:eq(0)\").replaceWith(\"<a title=\\\"Use our filters to get a no obligation PCH price from top UK dealers and lenders \\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;&gt;Get an instant PCH price for your preferred car</a>\");", 
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      "code": "$(\"div.product_option > h1:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Business Contract Hire</span></strong></span>\");\n$(\"div.product_option > h2:eq(0)\").replaceWith(\"<h2></h2>\\n<h2></h2>\\n<h2>Advantages of Business Contract Hire</h2>\");\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<a href=\\\"/\\\" class=\\\"home\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tContract Hire Explained\\n\\t</div>\\n<h1><span style=\\\"font-size: large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Business Contract Hire</span></strong></span></h1>\\n<br />\\n<a title=\\\"contract hire\\\" href=\\\"http://www.financeacar.co.uk/car-leasing\\\">Contract hire</a> is a form of <a title=\\\"car leasing for businesses\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">car leasing for businesses</a>.  It is an &lsquo;operational lease&rsquo; that allows a business to lease a company car by simply making a fixed monthly payment for a period that is typically between 2 and 4 years.  <br />\\n<br />\\nAt the end of the lease contract, the business returns the old company car and obtains a new car and lease contract.  Occasionally, here may be an opportunity to purchase the vehicle at the end of the period if done through a third party.<br />\\n<br />\\n<h2><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><strong><a title=\\\"View the cheapest price for your car from top UK leasing companies\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">&gt;&gt; View contract hire prices for your preferred car</a></strong></span></h2>\\n<p>&nbsp;</p>\\n<h2></h2>\\n<h2>Advantages of Business Contract Hire</h2>\\n<p>Business Contract Hire is a popular option for businesses because:</p>\\n<ol>\\n<li>Contract Hire frees up cash instead of investing it in a non-core depreciating asset since there is  a smaller initial payment required (the equivalent of only 3 months payments upfront);</li>\\n<li>It avoids having the asset on the balance sheet and avoids financial risk as the business is not committed to the entire cost of the vehicle;</li>\\n<li>The business spends significantly less each month (as much as 60%) than it would need to spend on a loan or &lsquo;hire purchase&rsquo; (it gets a &lsquo;bigger bang for its buck&rsquo;); </li>\\n<li>There is no need to arrange or negotiate to sell the vehicle when a new one is required;</li>\\n<li>There is no market value risk arising from the vehicle because it does not need to be sold in the open market at any point;</li>\\n<li>The business can select the exact requirements online and have them delivered;</li>\\n<li>It is certainly cheaper than ownership over the long term if the business needs to run and replace new vehicles more frequently than every five years or less;</li>\\n<li>The business can include all maintenance and services in the monthly price;</li>\\n<li>The road fund licence will always be included for the first year of the lease contract and often for the life of the contract; and,</li>\\n<li>Vehicles can be kept relatively new and this promotes a positive, successful image of the business<br />\\n    <br />\\n    </li>\\n</ol>\\n<h2></h2>\\n<h2>Disadvantages of Business Contract Hire</h2>\\n<p>Compared to a <a title=\\\"Business Car Loan\\\" href=\\\"/car-finance-options/business-car-loan\\\">business loan</a> or buying the vehicle for cash:</p>\\n<ol>\\n<li>The business is limited to the annual mileage chosen upfront, over and above which excess mileage fees will be incurred;</li>\\n<li>Contract cancellation incurs penalty fees (which should be determined before the contract is signed; and,</li>\\n<li>The vehicle can not be modified for any particular business purposes. </li>\\n</ol>\\n<br />\\n<a title=\\\"Compare Business Contract Hire Quotes\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/business\\\">Compare Business Contract Hire Quotes</a>.\\n\\n            </div>\");", 
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      "code": "$(\"div.content_special_head\").css({\"display\":\"none\"});\n$(\"div.content_special_body\").css({\"display\":\"none\"});\n$(\"div.content_special_foot\").css({\"display\":\"none\"});\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<span style=\\\"font-size: medium;\\\"><a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Hire Purchase Explained\\n\\t</span></div>\\n<h1><span style=\\\"font-size: xx-large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Hire Purchase (HP)</span></strong></span></h1>\\n<p><span style=\\\"font-size: medium;\\\"><strong>&nbsp;</strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Despite the word &lsquo;hire&rsquo;, <strong>hire purchase</strong> is similar to buying the new car outright with a secured loan and paying it back monthly. Unlike <a title=\\\"Personal Contract Hire\\\" href=\\\"/car-finance-options/personal-contract-hire\\\">contract hire</a> or <a title=\\\"Personal Contract Purchase\\\" href=\\\"/car-finance-options/personal-contract-purchase\\\">contract purchase</a>, you must pay for the entire cost of the car you will own it once you have paid all the monthly installments and a final nominal transfer fee. Monthly payments are therefore much higher than when &lsquo;leasing&rsquo; on a contract.&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">You will likely be familiar with &lsquo;hire purchase&rsquo;, partly because dealers are encouraged to offer this because of the commission they earn and if you see a car on the forecourt of a dealership and are seeking finance, this is what you are most likely to be offered first.</span></p>\\n<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\">Advantages of Hire Purchase</span><br />\\n</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">Hire purchase has several advantages over a <strong>&nbsp;</strong><a title=\\\"Personal Car Loans\\\" href=\\\"/car-finance-options/personal-car-loan\\\"><strong>personal loan</strong>:</a></span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is cheaper than a (&lsquo;unsecured&rsquo;) personal loan because the ownership of the car is retained by the finance company (ie; it is secured) and if you don&rsquo;t make your monthly payments then they will simply take the vehicle back. </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is relatively quick as it is offered directly by most dealers and manufacturers and is agreed to more easily than personal loans </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Deposits are lower than with personal loans <br />\\n    </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong></strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract purchase, </strong></a>&nbsp;if the final &lsquo;balloon payment&rsquo; is paid to acquire the car, then a hire purchase agreement would likely have been cheaper overall even considering notably higher monthly payments&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong></strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract hire, </strong></a>if you intend to own and retain the same car for more than 4 or 5 years, than <strong>hire purchase</strong> is cheaper over the long term than leasing because there are no further payments once you own it completely </span></p>\\n<h2><span style=\\\"font-size: large;\\\">Disadvantages of Hire Purchase</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">What are the disadvantages of hire purchase?<strong></strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Compared with <a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\">personal contract hire</a> or <a title=\\\"Read more on Personal Contract Purchase\\\" href=\\\"../car-finance-options/personal-contract-purchase\\\">personal contract purchase:</a></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Often the finance company will expect all of the VAT for the whole value of the car to be paid with the first installment, whereas with leasing the upfront payment is only the equivalent of three months payments;</span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">the monthly payment required is always much higher;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">you are paying interest on the full value of the car, even if you don&rsquo;t intend to retain it for longer than 2-4 years;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">there are often hidden fees and individual dealers are not incentivised to offer you the best deal immediately so you would need to shop widely before being sure you have a good deal;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">the termination fee is significant if your circumstances change and you don&rsquo;t want the car anymore </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared with a <a href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-car-loan\\\" title=\\\"personal loan\\\">personal loan</a>, you are not the owner of the car from day one so you can not modify or export it</span></p>\\n<p><span style=\\\"font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></p>\\n</div>\");\n$(\"div.content_meta_right\").css({\"display\":\"none\"});\n$(\"div.product_option > h1:eq(0) > span:eq(0) > strong:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"color: #1f497d;\\\">Learn More About Hire Purchase (HP) Here:</span>\");\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<span style=\\\"font-size: medium;\\\"><a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Hire Purchase Explained\\n\\t</span></div>\\n<h1><span style=\\\"font-size: xx-large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Learn More About Hire Purchase (HP) Here:</span></strong></span></h1>\\n<p><span style=\\\"font-size: medium;\\\"><strong>&nbsp;</strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Despite the word &lsquo;hire&rsquo;, <strong>hire purchase</strong> is similar to buying the new car outright with a secured loan and paying it back monthly. Unlike <a title=\\\"Personal Contract Hire\\\" href=\\\"/car-finance-options/personal-contract-hire\\\">contract hire</a> or <a title=\\\"Personal Contract Purchase\\\" href=\\\"/car-finance-options/personal-contract-purchase\\\">contract purchase</a>, you must pay for the entire cost of the car you will own it once you have paid all the monthly installments and a final nominal transfer fee. Monthly payments are therefore much higher than when &lsquo;leasing&rsquo; on a contract.&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">You will likely be familiar with &lsquo;hire purchase&rsquo;, partly because dealers are encouraged to offer this because of the commission they earn and if you see a car on the forecourt of a dealership and are seeking finance, this is what you are most likely to be offered first.</span></p>\\n<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\"><span style=\\\"font-weight: normal; font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></span></span></h2>\\n<div><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\"><br /></span></span></div>\\n<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\">Advantages of Hire Purchase</span><br />\\n</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">Hire purchase has several advantages over a <strong>&nbsp;</strong><a title=\\\"Personal Car Loans\\\" href=\\\"/car-finance-options/personal-car-loan\\\"><strong>personal loan</strong>:</a></span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is cheaper than a (&lsquo;unsecured&rsquo;) personal loan because the ownership of the car is retained by the finance company (ie; it is secured) and if you don&rsquo;t make your monthly payments then they will simply take the vehicle back. </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is relatively quick as it is offered directly by most dealers and manufacturers and is agreed to more easily than personal loans </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Deposits are lower than with personal loans <br />\\n    </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong>&nbsp;</strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract purchase, </strong></a>&nbsp;if the final &lsquo;balloon payment&rsquo; is paid to acquire the car, then a hire purchase agreement would likely have been cheaper overall even considering notably higher monthly payments&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong>&nbsp;</strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract hire, </strong></a>if you intend to own and retain the same car for more than 4 or 5 years, than <strong>hire purchase</strong> is cheaper over the long term than leasing because there are no further payments once you own it completely </span></p>\\n<h2><span style=\\\"font-size: large;\\\"><span style=\\\"font-weight: normal; font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></span></h2>\\n<div><span style=\\\"font-size: large;\\\"><br /></span></div>\\n<h2><span style=\\\"font-size: large;\\\">Disadvantages of Hire Purchase</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">What are the disadvantages of hire purchase?<strong></strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Compared with <a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\">personal contract hire</a> or <a title=\\\"Read more on Personal Contract Purchase\\\" href=\\\"../car-finance-options/personal-contract-purchase\\\">personal contract purchase:</a></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Often the finance company will expect all of the VAT for the whole value of the car to be paid with the first installment, whereas with leasing the upfront payment is only the equivalent of three months payments;</span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">the monthly payment required is always much higher;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">you are paying interest on the full value of the car, even if you don&rsquo;t intend to retain it for longer than 2-4 years;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">there are often hidden fees and individual dealers are not incentivised to offer you the best deal immediately so you would need to shop widely before being sure you have a good deal;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">the termination fee is significant if your circumstances change and you don&rsquo;t want the car anymore </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared with a <a href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-car-loan\\\" title=\\\"personal loan\\\">personal loan</a>, you are not the owner of the car from day one so you can not modify or export it</span></p>\\n<p><span style=\\\"font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></p>\\n</div>\");\n$(\"div.product_option > p:eq(1) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">Despite the word \u2018hire\u2019, <strong>hire purchase</strong> is similar to buying the new car outright with a secured loan and paying it back monthly. <br><br>Unlike <a title=\\\"Personal Contract Hire\\\" href=\\\"/car-finance-options/personal-contract-hire\\\">contract hire</a> or <a title=\\\"Personal Contract Purchase\\\" href=\\\"/car-finance-options/personal-contract-purchase\\\">contract purchase</a>, you must pay for the entire cost of the car you will own it once you have paid all the monthly installments and a final nominal transfer fee. <br><br>Monthly payments are therefore much higher than when \u2018leasing\u2019 on a contract.&nbsp;&nbsp;</span>\");\n$(\"div.product_option > h2:eq(3) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: large;\\\"><br />Disadvantages of Hire Purchase</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">the monthly payment required is always much higher;<br />&nbsp;</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(1) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">you are paying interest on the full value of the car, even if you don\u2019t intend to retain it for longer than 2-4 years;<br>&nbsp;</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(2) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">there are often hidden fees and individual dealers are not incentivised to offer you the best deal immediately so you would need to shop widely before being sure you have a good deal;<br>&nbsp;</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(3) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">the termination fee is significant if your circumstances change and you don\u2019t want the car anymore<br>&nbsp; </span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">Hire purchase is cheaper than a (\u2018unsecured\u2019) personal loan because the ownership of the car is retained by the finance company (ie; it is secured) and if you don\u2019t make your monthly payments then they will simply take the vehicle back.<br>&nbsp; </span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(1) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">Hire purchase is relatively quick as it is offered directly by most dealers and manufacturers and is agreed to more easily than personal loans<br>&nbsp; </span>\");\n$(\"div.product_option > ol:eq(0) > li:eq(2) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">Deposits are lower than with personal loans <br><br>\\n    </span>\");\n$(\"div.product_option > h2:eq(0) > span:eq(0) > span:eq(0) > span:eq(0) > a:eq(0)\").replaceWith(\"<a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">It's easy to compare hire purchase quotes. Click here to use our simple comparison!</a>\");\n$(\"div.product_option > h2:eq(0) > span:eq(0) > span:eq(0) > span:eq(0) > a:eq(0)\").replaceWith(\"<a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">Quick Search For the Best Car and Finance Packages Click Here</a>\");\n$(\"div.product_option > h2:eq(2) > span:eq(0) > span:eq(0) > a:eq(0)\").replaceWith(\"<a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">Quick Search for the Best Car and Finance Packages. Click Here</a>\");\n$(\"div.product_option > h2:eq(2) > span:eq(0) > span:eq(0) > a:eq(0)\").replaceWith(\"<a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">Quick Search for the Best Car and Finance Packages. Click Here &gt;</a>\");\n$(\"div.product_option > h2:eq(0) > span:eq(0) > span:eq(0) > span:eq(0) > a:eq(0)\").replaceWith(\"<a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">Quick Search For the Best Car and Finance Packages Click Here &gt;</a>\");\n$(\"div.product_option > p:eq(10) > span:eq(0) > a:eq(0)\").replaceWith(\"<a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">Quick Search for the Best Car and Finance Packages. Click Here &gt;</a>\");\n$(\"div.product_option > p:eq(0)\").replaceWith(\"<p><span style=\\\"font-size: medium;\\\"><strong>&nbsp;</strong></span></p>\\n<h1><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><span style=\\\"font-size: 16pt;\\\"><span style=\\\"font-size: large;\\\"><a title=\\\"To see hire purchase prices for your preferred car click here\\\" href=\\\"http://www.financeacar.co.uk/finance\\\">&gt;&gt;View hire purchase prices</a></span></span></span></h1>\");\n$(\"div.product_option > h2:eq(1) > span:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: x-large;\\\">Advantages of Hire Purchase</span>\");\n$(\"div.product_option > h2:eq(1)\").replaceWith(\"<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: x-large;\\\">Advantages of Hire Purchase</span><br />\\n</span></h2>\\n<div><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: x-large;\\\">\\n<div style=\\\"font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; margin: 8px;\\\">\\n<h1><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><span style=\\\"font-size: 16pt;\\\"><span style=\\\"font-size: large;\\\"><a title=\\\"To see hire purchase prices for your preferred car click here\\\" href=\\\"http://www.financeacar.co.uk/finance\\\">&gt;&gt;View hire purchase prices</a></span></span></span></h1>\\n</div>\\n</span></span></div>\");\n$(\"div.product_option > h2:eq(3)\").replaceWith(\"<h2><span style=\\\"font-size: large;\\\"><br /><span style=\\\"font-size: x-large;\\\">Disadvantages of Hire Purchase</span></span></h2>\\n<div><span style=\\\"font-size: large;\\\">\\n<div style=\\\"font-size: 10px; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; margin: 8px;\\\">\\n<h1><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><span style=\\\"font-size: 16pt;\\\"><span style=\\\"font-size: large;\\\"><a title=\\\"To see hire purchase prices for your preferred car click here\\\" href=\\\"http://www.financeacar.co.uk/finance\\\">&gt;&gt;View hire purchase prices</a></span></span></span></h1>\\n</div>\\n</span></div>\");\n$(\"div.product_option > div:eq(1) > span:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: large;\\\"><br><br></span>\");", 
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      "code": "$(\"div.content_special_head\").css({\"display\":\"none\"});\n$(\"div.content_special_body\").css({\"display\":\"none\"});\n$(\"div.content_special_foot\").css({\"display\":\"none\"});\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<span style=\\\"font-size: medium;\\\"><a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Hire Purchase Explained\\n\\t</span></div>\\n<h1><span style=\\\"font-size: xx-large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Hire Purchase (HP)</span></strong></span></h1>\\n<p><span style=\\\"font-size: medium;\\\"><strong>&nbsp;</strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Despite the word &lsquo;hire&rsquo;, <strong>hire purchase</strong> is similar to buying the new car outright with a secured loan and paying it back monthly. Unlike <a title=\\\"Personal Contract Hire\\\" href=\\\"/car-finance-options/personal-contract-hire\\\">contract hire</a> or <a title=\\\"Personal Contract Purchase\\\" href=\\\"/car-finance-options/personal-contract-purchase\\\">contract purchase</a>, you must pay for the entire cost of the car you will own it once you have paid all the monthly installments and a final nominal transfer fee. Monthly payments are therefore much higher than when &lsquo;leasing&rsquo; on a contract.&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">You will likely be familiar with &lsquo;hire purchase&rsquo;, partly because dealers are encouraged to offer this because of the commission they earn and if you see a car on the forecourt of a dealership and are seeking finance, this is what you are most likely to be offered first.</span></p>\\n<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\">Advantages of Hire Purchase</span><br />\\n</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">Hire purchase has several advantages over a <strong>&nbsp;</strong><a title=\\\"Personal Car Loans\\\" href=\\\"/car-finance-options/personal-car-loan\\\"><strong>personal loan</strong>:</a></span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is cheaper than a (&lsquo;unsecured&rsquo;) personal loan because the ownership of the car is retained by the finance company (ie; it is secured) and if you don&rsquo;t make your monthly payments then they will simply take the vehicle back. </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is relatively quick as it is offered directly by most dealers and manufacturers and is agreed to more easily than personal loans </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Deposits are lower than with personal loans <br />\\n    </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong></strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract purchase, </strong></a>&nbsp;if the final &lsquo;balloon payment&rsquo; is paid to acquire the car, then a hire purchase agreement would likely have been cheaper overall even considering notably higher monthly payments&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong></strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract hire, </strong></a>if you intend to own and retain the same car for more than 4 or 5 years, than <strong>hire purchase</strong> is cheaper over the long term than leasing because there are no further payments once you own it completely </span></p>\\n<h2><span style=\\\"font-size: large;\\\">Disadvantages of Hire Purchase</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">What are the disadvantages of hire purchase?<strong></strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Compared with <a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\">personal contract hire</a> or <a title=\\\"Read more on Personal Contract Purchase\\\" href=\\\"../car-finance-options/personal-contract-purchase\\\">personal contract purchase:</a></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Often the finance company will expect all of the VAT for the whole value of the car to be paid with the first installment, whereas with leasing the upfront payment is only the equivalent of three months payments;</span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">the monthly payment required is always much higher;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">you are paying interest on the full value of the car, even if you don&rsquo;t intend to retain it for longer than 2-4 years;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">there are often hidden fees and individual dealers are not incentivised to offer you the best deal immediately so you would need to shop widely before being sure you have a good deal;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">the termination fee is significant if your circumstances change and you don&rsquo;t want the car anymore </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared with a <a href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-car-loan\\\" title=\\\"personal loan\\\">personal loan</a>, you are not the owner of the car from day one so you can not modify or export it</span></p>\\n<p><span style=\\\"font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></p>\\n</div>\");\n$(\"div.content_meta_right\").css({\"display\":\"none\"});\n$(\"div.product_option > h1:eq(0) > span:eq(0) > strong:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"color: #1f497d;\\\">Learn More About Hire Purchase (HP) Here:</span>\");\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<span style=\\\"font-size: medium;\\\"><a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Hire Purchase Explained\\n\\t</span></div>\\n<h1><span style=\\\"font-size: xx-large;\\\"><strong><span style=\\\"color: #1f497d;\\\">Learn More About Hire Purchase (HP) Here:</span></strong></span></h1>\\n<p><span style=\\\"font-size: medium;\\\"><strong>&nbsp;</strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Despite the word &lsquo;hire&rsquo;, <strong>hire purchase</strong> is similar to buying the new car outright with a secured loan and paying it back monthly. Unlike <a title=\\\"Personal Contract Hire\\\" href=\\\"/car-finance-options/personal-contract-hire\\\">contract hire</a> or <a title=\\\"Personal Contract Purchase\\\" href=\\\"/car-finance-options/personal-contract-purchase\\\">contract purchase</a>, you must pay for the entire cost of the car you will own it once you have paid all the monthly installments and a final nominal transfer fee. Monthly payments are therefore much higher than when &lsquo;leasing&rsquo; on a contract.&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">You will likely be familiar with &lsquo;hire purchase&rsquo;, partly because dealers are encouraged to offer this because of the commission they earn and if you see a car on the forecourt of a dealership and are seeking finance, this is what you are most likely to be offered first.</span></p>\\n<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\"><span style=\\\"font-weight: normal; font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></span></span></h2>\\n<div><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\"><br /></span></span></div>\\n<h2><span style=\\\"font-size: medium;\\\" xmlns=\\\"http://www.w3.org/1999/xhtml\\\"><span style=\\\"font-size: large;\\\">Advantages of Hire Purchase</span><br />\\n</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">Hire purchase has several advantages over a <strong>&nbsp;</strong><a title=\\\"Personal Car Loans\\\" href=\\\"/car-finance-options/personal-car-loan\\\"><strong>personal loan</strong>:</a></span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is cheaper than a (&lsquo;unsecured&rsquo;) personal loan because the ownership of the car is retained by the finance company (ie; it is secured) and if you don&rsquo;t make your monthly payments then they will simply take the vehicle back. </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Hire purchase is relatively quick as it is offered directly by most dealers and manufacturers and is agreed to more easily than personal loans </span></li>\\n<li><span style=\\\"font-size: medium;\\\">Deposits are lower than with personal loans <br />\\n    </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong>&nbsp;</strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract purchase, </strong></a>&nbsp;if the final &lsquo;balloon payment&rsquo; is paid to acquire the car, then a hire purchase agreement would likely have been cheaper overall even considering notably higher monthly payments&nbsp;&nbsp;</span></p>\\n<p><span style=\\\"font-size: medium;\\\">And compared to <strong>&nbsp;</strong><a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\"><strong>personal contract hire, </strong></a>if you intend to own and retain the same car for more than 4 or 5 years, than <strong>hire purchase</strong> is cheaper over the long term than leasing because there are no further payments once you own it completely </span></p>\\n<h2><span style=\\\"font-size: large;\\\"><span style=\\\"font-weight: normal; font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></span></h2>\\n<div><span style=\\\"font-size: large;\\\"><br /></span></div>\\n<h2><span style=\\\"font-size: large;\\\">Disadvantages of Hire Purchase</span></h2>\\n<p><span style=\\\"font-size: medium;\\\">What are the disadvantages of hire purchase?<strong></strong></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Compared with <a title=\\\"Read more on Personal Contract Hire\\\" href=\\\"../car-finance-options/personal-contract-hire\\\">personal contract hire</a> or <a title=\\\"Read more on Personal Contract Purchase\\\" href=\\\"../car-finance-options/personal-contract-purchase\\\">personal contract purchase:</a></span></p>\\n<p><span style=\\\"font-size: medium;\\\">Often the finance company will expect all of the VAT for the whole value of the car to be paid with the first installment, whereas with leasing the upfront payment is only the equivalent of three months payments;</span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">the monthly payment required is always much higher;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">you are paying interest on the full value of the car, even if you don&rsquo;t intend to retain it for longer than 2-4 years;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">there are often hidden fees and individual dealers are not incentivised to offer you the best deal immediately so you would need to shop widely before being sure you have a good deal;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">the termination fee is significant if your circumstances change and you don&rsquo;t want the car anymore </span></li>\\n</ol>\\n<p><span style=\\\"font-size: medium;\\\">And compared with a <a href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-car-loan\\\" title=\\\"personal loan\\\">personal loan</a>, you are not the owner of the car from day one so you can not modify or export it</span></p>\\n<p><span style=\\\"font-size: medium;\\\"><a href=\\\"http://www.financeacar.co.uk/finance\\\" title=\\\"compare hire purchase\\\">CLICK HERE TO COMPARE HIRE PURCHASE QUOTES NOW!</a></span></p>\\n</div>\");\n$(\"div.product_option > p:eq(1) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">Despite the word \u2018hire\u2019, <strong>hire purchase</strong> is similar to buying the new car outright with a secured loan and paying it back monthly. <br><br>Unlike <a title=\\\"Personal Contract Hire\\\" href=\\\"/car-finance-options/personal-contract-hire\\\">contract hire</a> or <a title=\\\"Personal Contract Purchase\\\" href=\\\"/car-finance-options/personal-contract-purchase\\\">contract purchase</a>, you must pay for the entire cost of the car you will own it once you have paid all the monthly installments and a final nominal transfer fee. <br><br>Monthly payments are therefore much higher than when \u2018leasing\u2019 on a contract.&nbsp;&nbsp;</span>\");\n$(\"div.product_option > h2:eq(3) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: large;\\\"><br />Disadvantages of Hire Purchase</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">the monthly payment required is always much higher;<br />&nbsp;</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(1) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">you are paying interest on the full value of the car, even if you don\u2019t intend to retain it for longer than 2-4 years;<br>&nbsp;</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(2) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">there are often hidden fees and individual dealers are not incentivised to offer you the best deal immediately so you would need to shop widely before being sure you have a good deal;<br>&nbsp;</span>\");\n$(\"div.product_option > ol:eq(1) > li:eq(3) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: medium;\\\">the termination fee is significant if your circumstances change and you don\u2019t want the car anymore<br>&nbsp; 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      "code": "$(\"div.product_option > h2:eq(0) > span:eq(0)\").replaceWith(\"<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\\n<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"font-size: 16px;\\\">Advantages of Personal Contract Purchase (PCP)</span></p>\");\n$(\"div.product_option > p:eq(1)\").replaceWith(\"<p></p>\");\n$(\"div.product_option > h2:eq(0)\").replaceWith(\"<h2>\\n<p><span style=\\\"color: rgb(255, 153, 0); text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\\n<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"font-size: 16px;\\\">Advantages of Personal Contract Purchase (PCP)</span></p>\\n</h2>\");\n$(\"div.product_option > p:eq(4)\").replaceWith(\"<p>&nbsp;</p>\");\n$(\"div.product_option > p:eq(6)\").replaceWith(\"<p>If you are considering PCP vs personal contract hire (<a title=\\\"PCP vs PCH\\\" href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-contract-hire\\\">PCH</a>), the disadvantage of PCP is the higher monthly payments.  </p>\");\n$(\"div.product_option > p:eq(7)\").replaceWith(\"<p><span style=\\\"color: rgb(255, 153, 0); font-size: large; text-decoration: underline;\\\"><strong><a title=\\\"Click here to see the cheapest PCP prices for your new car\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></strong></span></p>\");\n$(\"div.product_option > p:eq(7) > span:eq(0) > strong:eq(0) > a:eq(0)\").replaceWith(\"<span style=\\\"font-size: large; text-decoration: underline;\\\"><strong><a title=\\\"Click here to see the cheapest PCP price for your preferred car\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></strong></span>\");\n$(\"div.product_option > p:eq(1)\").replaceWith(\"<p> <span style=\\\"color: rgb(255, 153, 0); text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\");\n$(\"div.product_option > h2:eq(0) > p:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: 16px;\\\"> </span>\");\n$(\"div.product_option > h1:eq(0) > span:eq(0)\").replaceWith(\"<strong><span style=\\\"color: #1f497d;\\\">Personal Contract Purchase (PCP)</span></strong>\");", 
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      "code": "$(\"div.product_option > h2:eq(0) > span:eq(0)\").replaceWith(\"<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"color: #ff9900; text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\\n<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"font-size: 16px;\\\">Advantages of Personal Contract Purchase (PCP)</span></p>\");\n$(\"div.product_option > p:eq(1)\").replaceWith(\"<p></p>\");\n$(\"div.product_option > h2:eq(0)\").replaceWith(\"<h2>\\n<p><span style=\\\"color: rgb(255, 153, 0); text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\\n<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"font-size: 16px;\\\">Advantages of Personal Contract Purchase (PCP)</span></p>\\n</h2>\");\n$(\"div.product_option > p:eq(4)\").replaceWith(\"<p>&nbsp;</p>\");\n$(\"div.product_option > p:eq(6)\").replaceWith(\"<p>If you are considering PCP vs personal contract hire (<a title=\\\"PCP vs PCH\\\" href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-contract-hire\\\">PCH</a>), the disadvantage of PCP is the higher monthly payments.  </p>\");\n$(\"div.product_option > p:eq(7)\").replaceWith(\"<p><span style=\\\"color: rgb(255, 153, 0); font-size: large; text-decoration: underline;\\\"><strong><a title=\\\"Click here to see the cheapest PCP prices for your new car\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></strong></span></p>\");\n$(\"div.product_option > p:eq(7) > span:eq(0) > strong:eq(0) > a:eq(0)\").replaceWith(\"<span style=\\\"font-size: large; text-decoration: underline;\\\"><strong><a title=\\\"Click here to see the cheapest PCP price for your preferred car\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></strong></span>\");\n$(\"div.product_option > p:eq(1)\").replaceWith(\"<p> <span style=\\\"color: rgb(255, 153, 0); text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\");\n$(\"div.product_option > h2:eq(0) > p:eq(0) > span:eq(0)\").replaceWith(\"<span style=\\\"font-size: 16px;\\\"> </span>\");\n$(\"div.product_option > h1:eq(0) > span:eq(0)\").replaceWith(\"<strong><span style=\\\"color: #1f497d;\\\">Personal Contract Purchase (PCP)</span></strong>\");\n$(\"div.product_option\").replaceWith(\"<div class=\\\"product_option page_cms\\\">\\n<div class=\\\"content_breadcrumbs\\\">\\n\\t\\t<a class=\\\"home\\\" href=\\\"/\\\">FinanceAcar: Home</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span><a href=\\\"/car-finance-options\\\">car finance options</a>\\n\\t\\t<span class=\\\"separator\\\">&raquo;</span>\\n\\t\\tPersonal Contract Purchase Explained\\n\\t</div>\\n<h1><strong><span style=\\\"color: #1f497d;\\\">Personal Contract Purchase (PCP)</span></strong></h1>\\n<p><span style=\\\"font-size: medium;\\\">With Personal Contract Purchase (PCP), you pay a fixed monthly fee to obtain and drive a new car for a typical period of between two to four years.&nbsp;Legal ownership is retained by the finance company that provides you with your car until you come to the end of the contract period where you have two options - (i) purchase the vehicle for the&nbsp;price that you agreed with the finance company at the start of the contract, or, (ii) if you think the vehicle is worth less than the pre-agreed price, return it to the finance company.&nbsp; See below for advantages and pitfalls of PCP, how flexible it is or compare PCP with <a href=\\\"http://www.financeacar.co.uk/car-finance-options/personal-hire-purchase\\\" title=\\\"hire purchase vs pcp\\\"><strong>hire purchase</strong></a>.&nbsp;</span></p>\\n<p> <span style=\\\"color: #ff9900; text-decoration: underline;\\\"><strong><span style=\\\"font-size: 16px;\\\"><a title=\\\"Click here to view and compare prices from top UK dealers\\\" href=\\\"http://www.financeacar.co.uk/car-leasing/personal\\\">&gt;&gt;View cheapest PCP prices for your preferred car (from top UK dealers)</a></span></strong></span></p>\\n<h2>\\n<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"font-size: 16px;\\\"> </span></p>\\n<p><span style=\\\"font-size: 16px;\\\">Advantages of Personal Contract Purchase (PCP)</span></p>\\n</h2>\\n<p><span style=\\\"font-size: medium;\\\">Depending on your priorities, paying monthly to obtain a new car using&nbsp;PCP could be more attractive than&nbsp;buying&nbsp; with a loan,&nbsp;using hire purchase or using a company car scheme because:</span></p>\\n<ol>\\n<li><span style=\\\"font-size: medium;\\\">with personal contract purchase you can drive a new and often prestigious vehicle with a small upfront payment (typically 3 months) and most often it is significantly less each month (as much as 60%) than you would need to spend on a loan or &lsquo;hire purchase&rsquo; (you get a &lsquo;bigger bang for your buck&rsquo;);</span></li>\\n<li><span style=\\\"font-size: medium;\\\">with PCP you are also exposed to less financial risk, as the contract that you sign is for a monthly payment across a lease contract term of 2, 3 or 4 years &ndash; not the cost of the entire car and the final purchase is optional;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">there is a smaller initial deposit payment required than for Hire Purchase or a loan, normally equivalent to three months payments, followed by 35 more for a three year contract;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">with PCP you don&rsquo;t need to arrange or negotiate to sell your existing PCP car when you want a new car;</span></li>\\n<li><span style=\\\"font-size: medium;\\\">with PCP you can avoid paying excessive company car taxes by opting out of your company car scheme and taking a&nbsp;company car allowance. 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