Financing your vehicle

We offer a wide range of options to finance your purchase and can guide you through the options and tailor a package to your specific requirements.

We believe that flexibility is key to finance, as every customer’s needs are different and indeed these can often change during the course of an agreement. We work closely with some of the UK’s leading finance companies and will create a package that suits your budget and needs, enabling you to afford the car you want whilst also minimising your repayments.

The two most popular choices of finance are HP (Hire Purchase) or PCP (Personal Contract Plan). These are both fixed rate schemes where you pay an initial deposit, sometimes provided by a part exchange vehicle, then you finance the remainder through a series of monthly payments. The key features of these schemes are: 

Hire Purchase:

  • Flexible Term – 12-60 months
  • Flexible Deposit – 0% upwards
  • No residual amount owing at the end of the contract period, so you have complete ownership of the vehicle

Personal Contract Plan:

  • Flexible Term – 12-48 months
  • Flexible Deposit – 10%-50%
  • Lower Monthly Payments – this can also allow higher specification vehicles to come within your budget
  • There is a residual amount owing at the end of the period and you can then review your personal situation and     decide on your next step. You have 4 options:
  1. Clear the outstanding balance and take complete ownership of the vehicle
  2. Re-finance the vehicle with a new agreement
  3. Part exchange the vehicle to use as a deposit against your next purchase
  4. Return the vehicle to the finance company

The residual amount is called the Guaranteed Future Value and this is agreed at the start of your agreement. It is determined by the age of the vehicle and your predicted mileage over the contract period.

HP and PCP are the most popular finance options, but there are also others available that may be better suited to your particular situation. These include Lease Purchase, Personal Leasing, MotorLoan and Conditional Sale, and we will always be happy to guide you in choosing the best product for your needs.

We are authorised and regulated by the Financial Conduct Authority and you can be confident that, as a certified SAF dealership, we will give you clear information and guidance on all your motor finance options.

Finance available subject to status. Indemnities may be required. Other finance offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. We are only able to offer finance products from these providers. Postal address: 8 Brunel Court, Dean Road, Yate BS37 5PD Authorised and regulated by the Financial Conduct Authority.

 

Finance Calculator