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Close Suzuki Corby: 01536 205555

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Car Finance in Corby

Funding Options Available:

HIRE PURCHASE

Hire Purchase is one of the finance products offered by Black Horse Finance for our Suzuki cars whilst CA Finance provide this option for our KGM products to help spread the cost of buying a car.

It’s a great choice if you want to own your car at the end of the agreement. Black Horse Finance owns the vehicle for the duration of the finance agreement.

You will become the owner of the vehicle after all the repayments including any interest has been paid.

PERSONAL CONTRACT PURCHASE

Personal Contract Purchase is a Black Horse Finance and CA Finance product that can help you buy your dream car with lower monthly repayments than a Hire Purchase product.

This is because a large proportion of the amount you repay is deferred into an optional final repayment. The main difference with Personal Contract Purchase, is the option to choose what you do at the end of the agreement.

You can part exchange the vehicle, return the vehicle (return conditions apply), or pay the optional final repayment and own the vehicle.

PERSONAL CONTRACT HIRE

Personal Contract Hire is a fixed cost rental agreement. You first choose your new car, pay an initial rental in advance, followed by fixed monthly rentals to suit your budget.

You can even choose an optional maintenance package as part of your agreement which can help take away the hassle of keeping your vehicle in good condition.

It’s different from Personal Contract Purchase (PCP) because there is no option to purchase the car at the end of the agreement and the vehicle must be returned.

CONTRACT HIRE

Contract Hire can be defined as a contract by which the hirer is provided with a vehicle of their choice for an agreed period, nominated mileage, for a fixed monthly rental and where the residual value, either profit or loss is borne by the contract hire company.

Excess mileage above the agreed amount will be charged at a per mile basis. Contract Hire can also include full vehicle maintenance and a relief vehicle.

Payments are subject to VAT.

Benefits of Contract Hire;

  • Low Initial Outlay
  • Flexible Repayment Period
  • Hassle-Free Vehicle Disposal
  • No Depreciation Risk
  • Able to Reclaim a Portion of VAT on Monthly Payments
  • Fixed Monthly Cost
  • Option to Include Full Maintenance
  • RFL Paid For Contract Period
  • Rentals can be Offset Against Profits
  • Cash Flow – Contract Hire allows you to make a low initial outlay freeing up funds for other purposes.
  • Fixed Monthly Payments – Offers Peace of Mind fixed monthly payments and with the option a maintenance package makes budgeting for your vehicle easy leaving you with no financial uncertainty.
  • Repayment Periods Choose the correct term that suits your needs.
  • End of Contract – Simply return the vehicle to the Contract Hire Company. Excess mileage charges will apply if agreed parameter exceeded. Charges will be made for any damage.

Financing your vehicle

We offer business and retail finance options to help you turn your dream of owning a car from Close  Motor Company into a reality.

Why Finance Through a Dealership

What is Hire Purchase?

What is Personal Contract Purchase

  

CLOSE MOTOR COMPANY LIMITED is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486) and which is permitted to advise on and arrange general insurance contracts as an intermediary.

CLOSE MOTOR COMPANY LIMITED is authorised and regulated by the Financial Conduct Authority for consumer credit activity and our registration number is 03823504. Permitted activities include acting as a credit broker not a lender.

We can introduce you to a limited number of finance providers. We do not charge a fee for our Consumer Credit services. We do not act as a financial adviser, or fiduciary. We act in our own interest, whichever lender we introduce you to, we will typically receive commission from them based on either a fixed fee or a fixed percentage of the amount you borrow. Any and all commission amounts will be fully disclosed to you as part of your sales journey. You will be required to give your fully informed consent to our receipt of this commission. By doing this, you acknowledge that you understand our role as a credit broker, and that we will receive a financial incentive if you take out a loan from a lender that we introduce you to.

All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over, Guarantees may be required.