Motor finance can be confusing so let us help demystify the subject. Watch our videos and gain an understanding of the different types of car finance available, as well as the benefits of using specialist motor finance to fund your Alpine sports car purchase.
There are many reasons to use JCB Alpine finance to fund your next vehicle purchase. This video will tell you why, in plain English.
A Personal Contract Purchase is the most common way of purchasing a new car in the UK and is increasing in popularity for buying a used car.
Pay a deposit and pay low monthly instalments over a fixed period. To own the car outright you will need to pay the optional final payment at the end of the fixed term. You could also use equity left in the deal as a deposit on a new vehicle, or you can hand back the car, subject to fair wear and tear conditions.
The benefits include:
Hire Purchase is the traditional way of funding a vehicle purchase. There are several benefits to using secured finance to pay for your new car rather than using an unsecured personal loan, your savings or your mortgage.
Pay a deposit and monthly instalments for a fixed period. At the end of the agreement, you own the car.
Advantages:
Personal Contract Hire or PCH is a way of leasing a vehicle without having to own it. At the end of the agreement you can hand back the vehicle, *as long as you have serviced and maintained it in line with your agreement.
Pay an initial rental upfront and then pay equal monthly rentals for the duration of the agreement. At the end of the agreement, the vehicle is returned.
Advantages are:
Please know that you are always welcome to talk to us at any time during your finance agreement.
We will normally contact you mid-way through the agreement to check that all is well and that it still meets your needs.
For any of these options please contact us. We can provide you with a personalised finance quote to suit your needs and budget.
