Car Sales Finance

Car Finance

Info

At Autosales we understand that you may need to work to a budget. We also understand that you that you want to maximise what you get with your hard earned cash.

That's why when you talk to one of our finance experts they will be able to offer you several different finance options to find the one that suits your needs best.

Detailed below is a brief description of the types of finance we can offer also there is information on the insurance policies you can take to protect yourself against unforeseen circumstances. If you require more detailed information please do not hesitate to contact us.

We have also included in the website a facility for you to apply for finance online please complete the form and one of our finance experts will contact you without delay.

For private motorists

Hire purchase

With terms of up to 5 years, and deposits to suit your circumstances, our hire purchase plans enable you to buy the new or used car you want without overstretching yourself.

Personal Contract Plan

Only available on brand new cars, a Personal Contract Plan means you spread the cost of buying your new vehicle over a set period but then at the end of the agreement you can either return the car or pay a balloon payment to keep it. The monthly repayments are usually lower than those offered with a traditional hire purchase plan.

Personal Contract Hire

The new way to buy a new car, Personal Contract Hire involves paying a set monthly sum for the use of the vehicle which may also include all the maintenance of the vehicle. At the end of the agreed term the car is simply handed back with nothing more to pay.

Payment Protection

Whichever method of finance you opt for, you can protect your monthly payments with one of our Payment Protection Plans which cover your payments in the event of accident, illness or redundancy.

Gap Insurance Protection

If your vehicle should be stolen or written off, GAP Insurance Protection settles any difference between the amount the insurance company pays out and the finance settlement figure.

For business customers

Finance Lease for Business

This simply finances the acquisition of a vehicle over a pre-agreed period, spreading the capital cost over the term. Because we are able to reclaim VAT on the original purchase price, the fixed monthly payments are relatively low and also tax deductible. There is usually a final payment based upon the predicated resale value. At the end of the agreement the vehicle is sold to a third party and you may benefit from any available equity.

Lease Purchase Plan

With the lease purchase plan, you pay monthly rentals over an agreed period (usually up to 48 months) then the vehicle is yours at the end of the term. Initial payments are usually lower than hire purchase and a proportion of the depreciation can be deferred by including a final balloon payment.

Residual Value Lease

This scheme involves paying agreed monthly rentals over a set period then, at the end of the term, paying off the amount that's still owing.

Contract Hire

Ideal for people who want to know exactly what their monthly outgoings will be, Contract Hire is a fixed term agreement based upon a pre-determined annual mileage. The fixed monthly payment covers nearly all of the costs of running a vehicle including depreciation and road fund licence. Extras like servicing and maintenance, tyre and exhaust replacements, breakdown assistance and relief vehicle facility may also be incorporated into a Contract Hire agreement. VAT can be reclaimed on the monthly payments.