Vehicle Finance

What is Vehicle Finance

Financing a vehicle has never been more flexible with more options available to consumers and businesses than ever before. From loans to leasing it can be very confusing when looking to finance your next vehicle in the most cost effective way for your circumstances.

Using your bank to finance your vehicle is not always the best route. Brokers can give advice on how they can benefit you or your business, and also provide the following:

  • Contract Hire
  • Finance Lease
  • Lease Purchase
  • HP
  • Loans

For those who prefer to finance their cars personally you can choose from Personal Contract Purchase (PCP), Personal Contract Hire (PCH), HP and Personal Loans, among other options. When selecting your next vehicle, you will need to prepare for finance; check your and your company’s credit status, and discuss the following points with your broker:

  • CO2 Output and fuel consumption
  • Fit for purpose
  • Cash flow
  • Tax position – Employer and Employee
  • Running costs
  • Health & Safety
  • Strength of Credit
  • How long you want to run the vehicle

If you need advice please contact one of our brokers or get in touch with our Vehicle Finance expert, Graham Hill, on 01444 235 132 (