As licensed credit brokers we offer full finance arrangement facilities.
We conduct all of our finance arrangements through our long term partners, Meridian Finance Ltd, of East Grinstead. Our relationship with Meridian is a long and happy one, extending back all the way to 1994 when we first started trading. Proposals vary from customer to customer but we can normally package a deal to suit any particular requirement. Our rates are always competitive and arrangement procedures easy and fuss free. Finance arrangements can often be concluded in one working day, never more than two. On our mainstream late model vehicles we can offer 'No Deposit' finance and up to 5 year terms. We also offer increased flexibility with regard to finance terms offered with the option of Lease Purchase Plans and PCPs. With this type of credit arrangement 'Balloon' payments are available at the end of the term, significantly reducing the monthly repayment amount. Customers must of course budget for this end of term payment, but generally speaking, this type of scheme significantly aids cashflow and will often allow the purchase of a newer and/or more prestigious, expensive car than perhaps was thought possible. Each individual case is judged on it's own merits with further details on request. Arranging finance could hardly be simpler. Either we, or one of Meridian's consultants complete a proposal form on your behalf and forward it to the appropriate underwriting team. Assuming that the proposal is accepted, we will normally have completed HP documentation the same day, or at the latest, the following working day. At this point, subject to satisfactory proofs of identity, and signatures, the vehicle can be driven away. If a customer has finance provisionally agreed with their own finance company then we are more than happy to deal directly with that company on behalf of the customer. We work extremely efficiently under these circumstances, and as licensed credit brokers, we can provide the necessary invoicing and documentation to receive payment directly and speed the whole process along. It should also be considered, that, if the part exchange vehicle has outstanding finance owed, then we can re-finance and/or contra across to another vehicle. We can often cater for negative equity on the p/ex vehicle thus enabling the customer a change of vehicle that they may not have thought possible. Please let us know your requirements. Written quotations can be supplied very quickly and by whatever media is required i.e fax, e-mail, post etc. Please ask for further details. If you would like us to pre-approve you for finance, please telephone our finance manager, Paul Brown, directly on 07778 214831. Paul can also provide quotations for Lease Purchase Plans and PCPs. OR CLICK HERE FOR A SECURE ONLINE APPLICATION (QUOTE REF. sargents) Finance example Purchase price. £9995.00
Deposit. £995.00
Amount financed. £9000.00
Administration fee. £150.00
48 repayments of. £236.38
Total repaid on financed amount. £11346.00
Total amount paid for vehicle. £12341.00
Total charges for credit. £2346.00
Flat rate. 6.00%
Typical APR. 11.90%