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If you are looking to finance your vehicle, Car Source can offer you an exclusive financing solution. We have two dedicated financial directors ready to discuss your needs with you. Our panel of lenders guarantees market leading products with competitive rates.
There are many different options when it comes to finance and we recommend you have a good think before making any decisions. Our financial directors are on hand to discuss all the types of financing with you, however we have listed a brief explanation of the most popular types.
Personal Contract Purchase
Highly attractive and increasingly popular. It combines low, fixed monthly payments with exceptional flexibility at the end of the agreement.
Hire Purchase
Is a simple, straightforward way to spread the cost of buying a new car.
Hire Purchase with Balloon
Offers lower monthly payments than normal hire purchase. Instead, at the end of the agreement, you can make a final lump sum payment, (balloon) to own your car
Balanced Payment Plan
Is a finance option resembling Hire purchase, (HP) for contracts over 25K. Unlike HP, where interest is fixed, balanced payment tracks change in the finance house base rate. As rates fall or rise so does the interest charge you pay over the period of the contract.
GAP
A vehicle is stolen every minute in the UK. Over a third of vehicles are never found. Over 500,000 vehicles, each year, become total losses. Adequate insurance protection is vital
For more information about the financial services we offer please contact us on 0845 2300 911
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