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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. |