London Finance

Due to the partnerships set up within the company such as car finance specialists, we are able to provide our customers with over 20 years worth of experience in the industry, with the best finance lenders in the market therefore offering the most competitive finance rates possible. Leaving all current and new clients with the best financial car advice to establish what works best for you.

Due to the partnerships set up within the company such as car finance specialists, we are able to provide our customers with over 20 years worth of experience in the industry, with the best finance lenders in the market therefore offering the most competitive finance rates possible. Leaving all current and new clients with the best financial car advice to establish what works best for you.

Lease Purchase – The customer will normally benefit from a slightly lower finance rate with a Lease Purchase product as there is no guarantee offered at the end of the agreement, the deferred capital lump sum amount at the end of the agreement is known as the Residual Value (RV), and this has to be paid by the customer for outright ownership. Deposits for Lease Purchase are flexible and are normally a minimum of 10% and a maximum of 50% of the total vehicle price, repayment periods are taken over 3 or 4 years typically.

Hire purchase – Hire Purchase, also known as HP, is perhaps the best known way of financing a new vehicle. It is basically a secured loan, meaning that the car finance company lends the money to pay for your new car, but retains a right to the vehicle. The way hire purchase works is that you make a regular monthly payment over an agreed term – usually between 12 and 60 months – after which you have full ownership of the vehicle from a legal standpoint. The secured loan aspect of hire purchase is that, should payments not be made on the car loan, the finance company has the right to take the car back.

Also offering various personal and business contract hires packages.