Our team offers a discreet and professional service, so if you have any questions at all, please feel free to get in touch.
When you’ve chosen your ideal vehicle, you’ll sit down with one of our advisors to agree your annual mileage and the term of the agreement – typically 18 to 48 months. We’ll then determine what the car’s Guaranteed Minimum Future Value (GMFV) will be at the end of the lease period, and tailor a package with a deposit and fixed monthly amount that suits your budget.
At the end of your agreement you have three options: Return the car to us with no further commitments, trade it in for another vehicle of your choice, or pay the optional final payment to own the car outright.
Hire Purchase is a straightforward way to finance a new or used car, and is ideal for those who want to own their vehicle outright. After paying an initial deposit – usually around 10% of the vehicle’s value, the balance is paid off in fixed monthly instalments over a period of 12-60 months.
At the end of the agreement, you pay an ‘option to purchase’ fee, normally of £100-200, which makes you the car’s owner.
Vehicle finance can be complicated, so it’s natural that customers have questions when they’re deciding which package to apply for. Here, we’ve answered some common queries – but if you need more information, don’t hesitate to contact one of our expert advisors, who will be happy to help.
After agreeing an annual mileage and agreement length, you’ll make fixed monthly payments until the end of the lease. When the final payment has been made, you can either return the vehicle, trade it in for an upgraded model, or buy it outright.
Yes, it’s possible to settle your agreement early. Simply ask your finance provider for a settlement figure, or ask one of our advisors for help.
Yes – simply request the settlement figure from your finance provider. Most offer the option to end the agreement early once you have got two-thirds of the way through it. You’ll pay a settlement fee, which covers the cost of any remaining unpaid instalments and interest payments.