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.
If you have bad credit or have been refused credit, Car Credit Assured are here to help you secure a car loan for you. Do you have CCJ’s, arrears or defaults? Don’t worry!
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Car Credit Assured we have a large panel of bad credit finance lenders to suit all of our customers’ needs. Car Credit Assured will search for the best deal on the market for you to ensure you drive away in the right car with the best rate for your circumstances.
Been refused elsewhere? Don't worry! At
Car Credit Assured we believe in helping you repair your credit history, ensuring the right car and car finance package 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.