We have access to a wide variety of funders offering us access to some of the best finance packages available We pride ourselves on being able to offer extremely competitive finance rates and bespoke solutions to suit individual needs, in order to help fund the purchase of your next vehicle.Whichever type of agreement you choose, our priority at Anthony James Cars is to provide a solution which places you into the best possible position should you wish to change your car during the agreement or at the end of the agreement. Our belief is that you are happy with your purchase and also with the financial arrangement, you will come back to us time and time again. You may even tell your friends and family. Below is a brief explanation of your choices:
Hire Purchase (HP)
The most simple type of agreement is ‘hire purchase’ where you pay fixed monthly payments in order to spread the cost of purchasing a car over a number of years. The benefits of this agreement are that deposits are flexible whilst having fixed rates and payments make budgeting a whole lot easier. Terms available upon from 12 – 60 months, written quotations available on request.
Personal Contract Purchase (PCP)
PCP is similar to Lease Purchase in that the monthly payments are offset by a final payment but the difference with PCP is that this final payment is optional. At the beginning of the agreement the future value of the car is set by the finance company and at the end of the agreement you have the option to just hand back the keys rather than pay the final payment or part-exchanging for another car. PCP suits a customer who is looking to keep the same car for the duration of the finance agreement
Lease purchase is a type of finance agreement best suited to cars with higher values and for customers that like to change cars regularly. Similar to a ‘hire purchase agreement’ with the main difference being a balloon payment at the end of the agreement. This means that monthly payments are much less and whether you want to settle your agreement early or at the end of the agreement it is your choice whether you want to part-exchange the car, re-finance or just pay off the balance.
Anthony James Cars is an Introducer Appointed Representative (IAR), FCA number 833730, for Meridian Finance Partners who are regulated by the Financial Conduct Authority number 661646.
Meridian Finance Partners were established in 1992 and are a very experienced Independent Finance Brokerage. Meridian is partnered with a large range of finance providers, each able to offer bespoke financial packages at competitive rates to suit your individual requirements. They will work to achieve the best possible deal for you on your new car. They are not a lender in their own right.
If you need help in financing your car then please just ask.