Here at Helston Garages, we have a wealth of experience in financial services spanning over many years within the Automotive industry. This enables us to help arrange very competitive finance packages to help you buy the car you want in the way that suits you best.
Many manufacturers have their own finance packages. To help those of you who are not planning on a buying a vehicle outright, we have provided information on some of the financial schemes available.
PCP generally offers a lower cost and more flexible alternative to Hire Purchase. A smaller monthly payment is achieved by allowing you to finance the difference between the purchase price of the vehicle, and the projected value of the vehicle at the end of the Contract Term. PCP also offers great flexibility at the end of the contract.
How it works
PCP has been developed to allow you to change your vehicle more often than other forms of finance as effectively all you are paying for is the depreciation of the vehicle, and you have the comfort of knowing that we will guarantee to buy back your car back at the end of the contract at a pre-agreed price set at the start. This price is known as the "Guaranteed Future Value (GFV)".
The contract can be set from 18 to 60 months allowing you the flexibility to decide how long you would like to keep the car before you change it. When you reach the end of the contract you then have three options:
Pros
Things to consider
Hire Purchase is a popular way of spreading the cost of your car. Just choose how much you want to borrow, pay a non refundable deposit and repay with fixed monthly payments over any period up to 60 months. At the end of the contract, the car is yours.
Pros
Things to consider
PCH is becoming an increasingly popular way to drive away in a new car. It offers a pure lease arrangement, with no option to own the car as part of the scheme
Pros
Things to consider
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Would you like to know more?
Get in touch with a member of our team who will happily discuss your situation and help you with any questions you may have.