CP Motor Company aims to make buying and owning a car as easy as possible. We are able to offer a range of financial products to meet every customer's requirements.
Our aim is to help you select the most suitable car finance plan we can then tailor a package to match your needs.
Personal Contract Purchase (PCP) is the fastest growing way of purchasing a vehicle because of the flexibility it provides.
To purchase a vehicle on PCP you pay an initial deposit, and then make equal monthly instalments over a period of 1, 2, 3, or 4 years.
At the end of the period there is a ‘Guaranteed Future Minimum Value’ (GFMV) for the vehicle, giving the customer three choices:
Pay the GFMV in one lump sum and take full ownership of the vehicle.
If the vehicle is worth more than the GFMV, you can use it as a part exchange to purchase a new vehicle, using the excess amount as full or part deposit
If the vehicle is worth less than the GFMV, just hand it back to the finance company and purchase a new vehicle.
CP Motor Company have negotiated low rate PCP packages starting from ONLY 6.9% flat rate.
Hire Purchase
Hire Purchase is another popular way of purchasing a vehicle because it is so simple.
To purchase a vehicle on Hire Purchase you just pay an initial deposit (starting at only £99), and then make equal monthly instalments over a period of 1, 2, 3, 4years.
If you ever wish to change your vehicle before your agreement has ended, the finance company will provide you with a settlement figure, which once paid passes full ownership of the vehicle to you and allows you to change your vehicle and enter into a new agreement.
CP Motor Company have negotiated low rate deals, starting at only 6.9% – comparable to most high street banks.
To get a quotation tailored to meet your needs please call the CP Motor Company's team on our sales hotline 0845 3440128
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