Here at S.L Carriage Limited we are able to offer a variety of car finance packages on all of our retail vehicles. You tell us your requirements and we will come up with the finance most suited to your needs, whether it be hire purchase or personal contract purchase.
Purchasing a new car can make a severe dent in your bank balance, which is why many people opt to apply for a car loan to pay for their purchase. But apart from the fact that car finance enables you to keep your savings in the bank for a rainy day.
Hire purchase allows you as high or low deposit as you wish and repayment terms of 12 to 60 months, After the term has ended you own the vehicle outright.
With personal contract purchase you first agree a deposit, to suit your own personal budget, agree a maximum annual mileage,the finance company decides a guaranteed minimum future value for your car, which then becomes your final optional payment. At the end of the term you have three options, Part exchange your vehicle for another one, OR Pay the final payment and keep the vehicle, OR return it to the finance company.
You can have £0 deposit or simply use your existing vehicle as a deposit on your new one.
If you have been refused credit or a loan elsewhere S.L Carriage works alongside a number of credit brokers who specialise in dealing with adverse credit.
Car finance is often easier to successfully apply for than a standard bank loan. Many people who have bad credit problems are still able to get a car loan.Another key benefit of opting for car finance is that whatever APR you get, it will often be fixed for the length of the loan term. This takes away the worry of wondering how high your repayments could go if interest rates go up, as you will be unaffected.
Please call today or enquire via our online application form for more information.