PARAGON Car Finance has launched a range of packages for drivers who opt to take cash instead of a company car. Customers can choose a personal contract purchase plan with an optional maintenance package covering standard service costs.

They will have the option of returning or buying the vehicle at the end of the contract, or a personal leasing plan with a maintenance option covering servicing costs, breakdown cover, road tax and life insurance cover. A hire purchase plan with vehicles bought by Solihull-based Paragon Car Finance at a discounted price is also available.

Executive director Pawan Pandya said the packages would enable drivers to escape much of the hassle of running their own car and to benefit from discounts achieved through the company's buying power.