Finance

Hire Purchase (HP) and Personal Contract Plan (PCP) are both forms of car finance that gives you the opportunity to purchase a car without paying the full price upfront. With Hire Purchase you own the car outright at end of agreement with no amount due. PCP offers you a lower repayment and flexible options in that there is an amount left at the end, the Guaranteed Minimum Future Value. The purchaser has several options at the end of the agreement (pay this and own car outright but most customers trade up and anything offered above GMFV acts as cash deposit for your next car purchase. They call also pay the GMFV if they wish to own the vehicle outright. 

We only require a few details from you to get finance acceptance. Where any follow up documents are requested, we will know quickly and advise you of same. Once acceptance is in place we just need a Proof of ID (Driver’s licence or Passport), Proof of Address and Proof of PPSN. We will sign you up on collection of vehicle with repayment starting in the month after. Everything will be explained clearly to you the customer throughout the process.

Absolutely. Where you have no credit history the finance company may request a recent bank statement, but we have got countless customers passed for finance in this case. As a registered Credit Intermediary, you can be sure we will do our best to get you passed with one of our regulated finance houses. 

In the main, most finance houses will look for a minimum 10% deposit. This can be made up of a trade in and cash deposit (where applicable). With some new cars, there may be a higher deposit required to get a more preferential rate, but this will be clearly explained to you in your interactions with our sales team/business manager.