If you’re purchasing a vehicle which is VAT qualifying, you’ll need to pay the VAT as a deposit at the start of the agreement and then the remaining balance is repaid from 12 to 60 months.
If you are part exchanging a vehicle then you can use this as a deposit too. We’ll work to fit the length of your loan around your monthly budget or how often you like to change your vehicle.
Your payments are fixed throughout your loan and you can settle your agreement at any time, allowing you to change your vehicle before the end of your agreement. Once you have finished making your repayments, the vehicle becomes yours.
We don’t rely on computers to make a decision about your application. Instead, our team of experts combine their years of experience with modern technology to provide a personal, friendly and professional service.
Speak to us directly or tell your dealership that you want us to arrange your finance. We’ll make the necessary arrangements with them.
Once we’ve approved your application we’ll make sure the paperwork is waiting at the dealership for you. Alternatively you can you can visit our office or call in to any Cumberland Branch.
Once the paperwork has been completed, we’ll pay the balance direct to the dealership in time to collect your new vehicle!
If you want to know more about Hire Purchase or if you’ve seen a vehicle and would like a quote, contact your local team on 01228 595939 or request a quotation.