Hire Purchase
The traditional method of financing a car, the balance you borrow on your vehicle is repaid monthly until the agreement is finished. At the end of the agreement you own the vehicle outright.
Terms available from 12-60 months.

Lease Purchase
Similar to hire purchase, with a final 'balloon' payment at the end of the contract. This gives the advantage of lower monthly payments for those on a budget.
Terms available from 12-60 months.

Personal Contract Purchase
Similar to lease purchase, where the last payment is a guaranteed future value and you can hand the vehicle back to us with no further obligation. We can also include all the vehicle maintenance as part of your agreement.
Available for new vehicles on terms of 24-48 months.

Balanced Payments
Similar to hire and lease purchase, but with improved flexibility. Interest is calculated on a daily basis and is directly linked to the finance house base rate. The customer is able to make lump sum payments and benefit from lower interest charges.
Available for balances of over £25,000.

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Tel: 01342 301465 Meridian Vehicle & Asset Finance Ltd
E-mail: info@meridian-finance.co.uk
Fax: 01342 301466