Automotive Finance

Hire Purchase is a popular option for those who want to eventually own their vehicle outright. With this agreement, you'll pay fixed monthly instalments over an agreed term. At the end of the term, once you've made all payments including the option to purchase fee, the vehicle becomes yours. HP is ideal for those who prefer a straightforward path to ownership and want to spread the cost over time.

Similar to Hire Purchase, Lease Purchase allows you to spread the cost of your vehicle over an agreed term. The key difference is that a larger final payment, often called a balloon payment, is deferred to the end of the agreement. This can result in lower monthly payments compared to HP. It's an excellent option for those who want lower monthly outgoings and are confident they can manage the final payment.

Our Balanced Payment Plan is designed to provide consistency in your budgeting. Unlike traditional finance plans where interest payments are front-loaded, this plan ensures your payments remain the same throughout the agreement term. It's particularly beneficial for those who appreciate predictability in their financial planning.

PCP offers great flexibility at the end of the agreement. You'll make monthly payments based on the predicted depreciation of the vehicle rather than its total value. At the end of the term, you have three options: pay the final balloon payment to keep the car, return the vehicle, or use any equity as a deposit on a new vehicle. PCP is perfect for those who like to change their vehicle regularly or are unsure about long-term ownership.

Ideal for businesses or individuals who don't want the responsibility of ownership, Contract Hire allows you to essentially rent a vehicle for an agreed period. You'll make fixed monthly payments, and at the end of the term, you simply return the vehicle. This option often includes maintenance packages, making it a hassle-free choice for many.

If you already own a vehicle but are looking to release equity or reduce your monthly payments, our refinance options could be the solution. We can help you restructure your existing finance agreement to better suit your current financial situation. Each of these finance options comes with its own set of advantages, and the best choice depends on your individual circumstances, preferences, and long-term plans.