Hybrid & Electric Car Finance
Hybrid and Electric vehicles have become increasingly popular over the last few years with more manufactures releasing hybrid and electric vehicles. Not only are they fun to drive but they are great for the environment, extremely quiet and cheap to run. As technology advances the range of miles increases and the number of charging points increases making electric and hybrid vehicles more practical than ever!
- Advances From £2,000
- Choose Your Hybrid Or Electric Car From Any Reputable Dealer
- New Or Used Cars
- Good, Poor Or Specialist Credit
Take a look at some of the UK's most popular hybrid and electric cars.
Car Finance Products
Hire Purchase
Hire Purchase is a hiring agreement between the customer and finance company secured against the vehicle. The customer has the option to own the vehicle at the end of the agreement subject to payment of the option to purchase fee
Lease Purchase
Lease purchase is a form of conditional sale agreement, which means that the regular payments are similar to a lease/rental agreement but you will own the car at the end of the deal. You may be asked to pay a number of monthly payments at the start of your agreement and a sum is usually deferred to the end of the agreement. The deferred sum will be determined by the age and mileage of the car at the end of the agreement.
Personal Contract Purchase (PCP)
PCP is in essence a purchase agreement. however a predicted minimum future value (balloon payment) is offset until the end of the agreement, this is called optional final payment. at the end of the term you have 3 options;
1) Keep the vehicle after paying the OFP
2) Hand the vehicle back to the finance company
3) Part exchange for another vehicle.
PCP is subject to agreed mileage at the end of the term where excess charges may apply. Please ensure the mileage band meets your needs.