NAVigation
 
 

Finance

We have excellent terms with a number of reputable Finance companies who specialise in finance agreements forthe motor trade.

What Funding options are available?

Hire Purchase

Hire Purchase is the most straightforward way to pay for your new car.

Spreading the cost of your purchase over time makes it easy to budget and because your payments are fixed, you'll always know exactly how much you'll be spending.

  1. You decide on the car you want.
  2. Choose what deposit you what to pay, this can be your part exchange.
  3. You choose the repayment period that's right for you between 12 and 48 months.
  4. Fixed regular payments mean you always know what you'll be paying so it's easy to budget.
  5. At the end of the agreement, having made all your regular payments, the car is yours to keep.

PCP Personal Contract Purchase

This type of finance agreement is designed to give greater flexibility by giving you more options at the end of the contract. And the security of knowing what your car will be worth at the end of your finance agreement.

  1. You choose the car you like.
  2. Choose what deposit you what to pay, maximum 35%, this can be your part exchange.
  3. You choose the repayment period that's right for you. Between 18 and 42 Months ***
  4. We agree a maximum annual mileage with you. ***
  5. We calculate a Guaranteed Minimum Future Value for your car, which becomes the optional final payment.
  6. At the end of your agreement you have the flexibility to choose one of three options.

Option 1 - Part-exchange your car
You can part-exchange your car for another. Any surplus value over and above the Guaranteed Minimum Future Value of the car will go towards your next car as a deposit*.

Option 2 - Keep it
If you want to hold on to your car, simply pay your final payment - the Guaranteed Minimum Future Value - and the car is yours to keep.

Option 3 - Return it
If you decide against Options 1 and 2, hand it back to the finance company and walk away as long as the car's in good condition and you haven't exceeded your agreed annual mileage, there's nothing more to pay**.

* A new agreement will be subject to status.
** Excess mileage charges and excess wear and tear charges may be payable upon its return.
*** The car can not be more than 6 ½ Years old and 120,000 at the end of the agreement

Finance is available only to persons aged 18 years or over, subject to status, indemnities may be required