Suzanne Gray, BMW Group Financial Services general manager of group customer strategy, said;

“The number of personal finance contracts we enter into as consumers is increasing and with this providers must keep evolving.

“We want to ensure car buyers do not face a complicated road to getting the best value and everyone understands the terms and conditions.

“Our new pledge is us recognising that we could make things a lot simpler for company car drivers. We are proud that we are the first to market with this promise and offering.”