Penton Motor Group believe in
offering you a wide range of finance options so you
can choose the solution that best fits your circumstances.
Listed below are the various finance products we can
offer. Please call us for a quotation, further information,
or advice on deciding the best option for your budget.
|
 |
| Hire Purchase |
| This option offers a flexible deposit, a
flexible repayment period, and ownership of vehicle at
end of agreement. Best suited to those customers looking
for long term ownership of their vehicle. |
|
| Personal Motor
Loan |
| A Personal Motor Loan is a lot like Hire
Purchase but allows you to borrow above the value of the
intended purchase, to cover any shortfall from a previous
finance agreement. |
|
| Personal Contract
Plan (PCP) |
| This option is aimed primarily at those
customers wishing to upgrade their car on a regular basis.
A PCP offers a flexible deposit, a flexible repayment
period between 12 months and 3 ½ years, and a settlement
figure calculated on the day of purchase. At the end of
the repayment period 3 choices are available to customers;
hand the vehicle back and walk away, pay the settlement
figure and take ownership of the vehicle, or part exchange
the vehicle and upgrade for a new one. |
|
| Personal Contract
Hire |
| A very good option for those leaving Company
car schemes. All scheduled servicing, replacement tyres,
and unforeseen repairs are budgeted for in one affordable
monthly payment. No depreciation or disposal worries with
this funding. |
|
| Lease Purchase |
| An option aimed predominantly at business
users, offering a flexible deposit, flexible repayment
periods, and a flexible % of the purchase price can be
deferred to the end of the agreement. At the end of the
agreement there are 2 options; pay the settlement figure
and take ownership of the vehicle, or part exchange the
vehicle and upgrade for a new one. |
|
| Finance Lease |
| Offering accelerated tax benefits, and ownership
of equity. This is another option available to business
users as detailed above, and up to 100%* VAT content is
reclaimable (*50% if vehicle is also used for private
mileage). Up to 100%* of rental can also be offset for
business use (*dependant on cash price). |
|
| Contract Hire |
| Another business solution offering flexible
deposit, flexible repayment periods, and also an optional
maintenance package. Up to 100%* rental can be offset
against business use (*dependant on cash price), and up
to 100%* VAT content is reclaimable (*50% if vehicle is
also used for private mileage). The main benefit of this
option is that there are no disposal worries at the end
of the agreement. |
|
| Also available
for Business Users |
Variable Rate Agreements and Balance
Payment Agreements.
Terms & Conditions will apply to all our finance
products. For full details of these terms and conditions,
and for more help and advice please call any one of
our dealerships or email our Finance
Specialist |
