Simply spread the cost of your purchase over 1 to 5 years at an agreed fixed amount per month. There are no restrictions and at the end of the term, you own the car outright.
The most common way to finance your purchase. You can arrange lower monthly payments than Hire Purchase and should you want to own the vehicle at the end of the agreed term you can pay a lump-sum to settle the outstanding balance.
Where the interest rate on your loan can change, based on the prime rate or another rate called an index. With a variable-rate loan, the interest rate on the loan changes as the index rate changes, meaning that it could go up or down.
General Terms and Conditions.
Please note you will not own the vehicle outright until all payments are made. If you default on your finance payments, then the vehicle may be repossessed by the finance provider.
You must be 18 years or older to apply for finance. Finance is not guaranteed, and any finance application is subject to a credit check and individual circumstances.
If you require any further information please do not hesitate to contact us. The finance provider will have their own Terms and Conditions, please contact them directly for further information.