Financing your Vehicle

Financing your Vehicle

Here at DB Automotive we have a wide range of finance options available. All finance packages range from 24 - 60 months with fully flexible deposits starting from zero.

WHY FINANCE THROUGH A DEALERSHIP

Below are some of our main products we offer.

PCP

PCP Stands for Personal Contract Purchase which is a product that stands out from the crowd in terms of the choice and flexibility.

HOW PCP WORKS

  1. You let us know how much deposit you would like to pay.
  2. We will calculate your monthly payment based on the maximum annual mileage to suit your needs.
  3. We will calculate your Optional Final Payment depending on your driving requirements and contract term.

WHAT HAPPENS AT THE END OF THE AGREEMENT?

You will get a choice of three options when your PCP agreement comes to an end.

Preference One - Drive away a new car

If the vehicle is worth more than the Optional Final Payment amount, you could part exchange your vehicle by putting the difference towards a deposit on a new car.

Preference Two - Return your car

Simply return your car in good condition, within the agreed mileage limits, and pay nothing.

Preference Three - Keep your car

Pay the Optional Final Payment and be transferred ownership of the vehicle. This could either be done by refinancing your car or paying the remainder off.

BENEFITS OF PCP

The deposit is negotiable.

Fixed monthly payments.

Flexible end of agreement options.

Finance is subject to credit check, Terms & Conditions Apply

HIRE PURCHASE

Hire Purchase is the classical way to finance your vehicle. It involves paying off the cost of the vehicle with interest on a monthly basis. Despite being a great way to personally finance your vehicle, Hire Purchase is also a popular finance choice for businesses.

HIRE PURCHASE EXPLAINED

HOW HIRE PURCHASE WORKS

  1. You let us know how much deposit you would like to pay and how long you would like to pay the balance off.
  2. From this we calculate, including interest, the monthly payments for the duration of the contract
  3. At the end of the agreement, after all payments have been made (including the Option to Purchase Fee), ownership of the vehicle is transferred to you.

BENEFITS OF HIRE PURCHASE

The interest rate charged on the finance will remain unaffected by any future changes in interest rates.

The initial payment is flexible.

Fixed monthly payments are not subject to VAT.

Taxation benefit from writing down allowance.

No mileage restrictions.

2 Minute Application

The interest rate charged on the finance will remain unaffected by any future changes in interest rates.

The initial payment is flexible.

Fixed monthly payments are not subject to VAT.

Taxation benefit from writing down allowance.

No mileage restrictions.

Complete our simple to use online form below and once submitted, we will get back to you as soon as possible.

Credit checks are undertaken by Evolution Funding, Santander or XL Limited