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Dundee
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01224 452732
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5
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15
1 Vehicle Found
Was: £10,995
Now:
£9,490
BMW 1 Series 116 Sport + 1 FREE MOT
Reg Plate:
SV09XYM
Mileage:
33330
Engine Size:
1995
Fuel:
Petrol
Transmission:
Manual
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Finance
Options
Deposit
Total
Credit
Payable By
1 Payment
Followed
by
Monthly
Payments
Of
Final
Payment
Total
Payable
Hire Purchase
Hire Purchase (HP) is very similar to borrowing a sum of money from a bank and paying it back over a fixed period of time, with interest. Hire Purchase is a type of secured loan which are often preferred over alternative (unsecured) loans because they allow a greater borrowing limit. The term "secured loan" means exactly that, a loan that the lender can secure against an asset (in this case, the vehicle). HP gives you additional rights over those of a personal loan and is only available through dealers that have passed the stringent approval process of the finance companies.
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Hire Purchase
Lease Purchase
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Lease Purchase
Low Payment Plan / Lease Purchase will enable you to purchase your next car with lower monthly repayments. The way this is achieved is by deferring an amount of the total cost of the vehicle to the end of the agreement. This amount is known as the Residual Value (RV). It is your responsibility to settle the final payment either through additional finance, cash or settlement by part-exchange.
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PCP
A Personal Contract Purchase (PCP) plan will enable you to purchase your next car with lower monthly repayments. The way this is achieved is by deferring an amount of the total cost of the vehicle to the end of the contract. This amount is known as the Guaranteed Future Value (GFV). The Guaranteed Future Value plus your deposit is subtracted from the cash price of the vehicle and your monthly payments are based on the balance (plus interest on the balance and the GFV).
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PCP
A Personal Contract Purchase (PCP) plan will enable you to purchase your next car with lower monthly repayments. The way this is achieved is by deferring an amount of the total cost of the vehicle to the end of the contract. This amount is known as the Guaranteed Future Value (GFV). The Guaranteed Future Value plus your deposit is subtracted from the cash price of the vehicle and your monthly payments are based on the balance (plus interest on the balance and the GFV).
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5
10
15
1 Vehicle Found
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Monthly Repayments
£ 25
£ 50
£ 75
£ 100
£ 125
£ 150
£ 175
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£ 225
£ 250
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£ 325
£ 350
£ 375
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£ 675
£ 700
£ 725
£ 750
£ 775
£ 800
£ 825
£ 850
£ 875
£ 900
£ 925
£ 950
£ 975
£ 1,000
Deposit
£ 100
£ 200
£ 300
£ 400
£ 500
£ 600
£ 700
£ 800
£ 900
£ 1,000
£ 1,100
£ 1,200
£ 1,300
£ 1,400
£ 1,500
£ 1,600
£ 1,700
£ 1,800
£ 1,900
£ 2,000
£ 2,100
£ 2,200
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£ 3,000
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£ 3,200
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£ 4,000
£ 4,100
£ 4,200
£ 4,300
£ 4,400
£ 4,500
£ 4,600
£ 4,700
£ 4,800
£ 4,900
£ 5,000
Loan Period
24
30
36
42
48
54
60
£
Monthly payments search based on Hire Purchase with
9.9
% APR
Max Car Price
£ 500
£ 1,000
£ 1,500
£ 2,000
£ 2,500
£ 3,000
£ 3,500
£ 4,000
£ 4,500
£ 5,000
£ 5,500
£ 6,000
£ 6,500
£ 7,000
£ 7,500
£ 8,000
£ 8,500
£ 9,000
£ 9,500
£ 10,000
£ 10,500
£ 11,000
£ 11,500
£ 12,000
£ 12,500
£ 13,000
£ 13,500
£ 14,000
£ 14,500
£ 15,000
£ 15,500
£ 16,000
£ 16,500
£ 17,000
£ 17,500
£ 18,000
£ 18,500
£ 19,000
£ 19,500
£ 20,000
£ 20,500
£ 21,000
£ 21,500
£ 22,000
£ 22,500
£ 23,000
£ 23,500
£ 24,000
£ 24,500
£ 25,000
£ 25,500
£ 26,000
£ 26,500
£ 27,000
£ 27,500
£ 28,000
£ 28,500
£ 29,000
£ 29,500
£ 30,000
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Representative Finance Example
Product:
Deposit:
Total Amount Of Credit:
First Payment:
Followed by:
Monthly Payments Of:
And A Final Payment of:
Total Payable:
Acceptance Fee:
Fee of
payable with first monthly payment.
Purchase Fee:
Fee of
payable with final payment.
Representative APR:
Rate of Interest:
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