Personal loans offer a financing solution for millions of consumers every year and work much the same way as a Hire Purchase agreement.
The funding is provided by a financial institution for you to purchase your vehicle. However this type of funding is not secured against an asset, unlike other types of credit like a mortgage.
The fundamental benefits of a personal loan are:
- Custom to your requirements
- Flexible agreement period of 12 to 60 months
- Varying deposit options
- Accessible to all private individuals, partnerships and sole traders
- Freedom to partly or fully repay the loan at any time
Personal loan – basic walkthrough:
- One of our Sales Executives will find a suitable loan for you that will be spread over a period of time that will be suited to your requirements of between 12 and 60 months. Then the amount of deposit you desire to leave is completely flexible.
- You then re-pay regular payments until the end of the loan agreement, however you do have the option to fully or partly repay the loan at any time.
If you would like more assistance or would like to discuss any financing options available to you please call any member of our team on 01472 358 625.