How do payments for BCH work?
1. Initial Rental
<p>The Initial Rental is the amount you pay at the start of the contract hire agreement ("agreement"). The Initial Rental equates to the amount of anywhere between 1 to 9 monthly rentals.</p>
2. Monthly Rental
<p>Your monthly rental payments are fixed throughout your agreement, and they're determined by the size of your Initial Rental. Once you've chosen the length ("term") of your agreement and expected mileage, the rental amounts will be spread equally across the months. Optional maintenance packages, which are 100% VAT reclaimable, can be included in the monthly rental costs. Agreeing the correct expected mileage at the start of your agreement is important, because charges will be incurred if it is exceeded.</p>
3. End of Agreement
<p>Once you've made your final monthly rental payment and your agreement has come to an end, it's time to return your vehicle to us. Upon its return, the vehicle will be assessed for wear and tear against the British Vehicle Rental & Leasing Association ("BVRLA") guidelines that will be shared with you at the start of any agreement. If any damage is noted beyond the usual wear and tear guidelines, you may be required to pay a charge. If the vehicle exceeds the pre-agreed mileage limit, you will be required to pay an excess mileage charge.</p>