Car Credit: Contract Purchase is the perfect option for those people wanting to purchase a vehicle without having to worry about the risk of depreciation. A fixed monthly payment for an agreed period of time is put in place, which is based upon your anticipated mileage.
In terms of vehicle maintenance, this can sometimes be included as an additional option. Once the contract comes to an end, a predetermined final payment is paid to purchase the vehicle or, the other option being to return it to the car credit company. A typical contract purchase will consist of a 12-60 month contract, which will include mileage restrictions, road tax and breakdown cover and also the option to purchase the vehicle once the contract comes to an end. Vat would be payable only on the service elements of the contract.
Whether you are looking for a new or a used car loan, Car Credit Assured are here to help.
As part of the Bristol Street Motors and Motor Nation group we can supply new car finance on a range of new cars from Ford, Vauxhall, Renault, Peugeot, Citroen and Hyundai.
With over 5,000 used cars in group stock, you can be sure of finding the car you require. Our experienced team of sales advisors can ensure an unparalleled level of service to help you with your choice and help supply the best used car finance deal for you.
Car Credit Assured is authorised and regulated by the financial services authority. Applicants must be over 18 years of age. Credit is subject to status and income. Written details are available on request. Credit only available on cars supplied by Bristol Street Group Ltd and its subsidiary companies. Typical finance example; cash price £5,499, deposit £499, amount of credit £5,000, total charge for credit £2,799, total amount payable £8,298, payable by 59 monthly payments of £125, followed by one monthly payment (inc application fee) of £424.