Finance Discover all of the benefits

Why choose Agnew Group for Finance?

At the Agnew Group we employ finance specialists in every dealership, who can advise on a variety of funding solutions for all our customers. By taking the time to discuss your individual needs, our specialist dealership teams will be able to build a bespoke finance package to suit you.

What are the benefits of financing a car through a dealership?

As well as giving you added security, choosing to finance your next car through a dealership brings with it many advantages.

You'll also benefit from a speedy process that ensures all paperwork is completed quickly by the dealership, without the need to send documents away.

To discover all of the benefits, watch our dealership finance video.

Personal Finance Types

  • PCP
  • HP
  • PCH

Personal Contract Purchase

This is the most popular way to pay for a car and is ideal for customers who wish to change their car at intervals between 24 and 48 months, taking away the worry of depreciation.

How does it work?

  • Choose the car (new or used) you like
  • Choose the most suitable repayment period
  • Agree on your annual mileage
  • You are given a Guaranteed Minimum Future Value which becomes your optional final payment
  • You decide on the deposit and payments suitable for your budget
  • At the end there are three choices for you; part exchange your vehicle for another car, keep the car and pay the final payment or hand it back and have nothing further to pay.

How does it work?

  • Fixed monthly payments mean you always know what you will be paying, so there are no nasty surprises
  • A Guaranteed Minimum Future Value, so you know from day one the minimum you will receive as a part exchange in the future
  • Lower monthly payments than traditional forms of funding because the final payment at the end reduces your monthly commitment

Hire Purchase

This is the most straightforward method of purchase. It is ideal for a customer who desires outright ownership of their car and changes their cars at intervals of greater than 48 months.

How does it work?

  • Choose the car (new or used) you like
  • Choose the most suitable repayment period between 12 and 60 months
  • You agree on a deposit and monthly repayment to suit your budget
  • At the end of the agreement, as long as all the payments have been made, the car is yours

What are the benefits?

  • At the end of the agreement you own your car with nothing further to pay
  • Fixed monthly payments help with your budgeting

Personal Contract Hire

This allows you to run a car without the worry of ownership or depreciation and giving you the option of having a maintenance package, so you have no unexpected bills.

How does it work?

  • Choose the new car you like
  • Choose the most suitable hire period, usually between 24 and 48 months
  • Agree on your annual mileage
  • Agree the rentals most suitable for your budget
  • At the end of the agreement, simply hand your car back

What are the benefits?

  • Fixed monthly payments with an option of having your servicing and maintenance costs fixed for the term
  • No concerns over depreciation of the future value of your car
  • No hassle trying to sell your car at the end of the contract

Business Finance Types

  • CP
  • HP
  • CH

Business Contract Hire

This option is ideal for the business user who wishes to change their car between 24 and 48 months and wants the security of a Guaranteed Minimum Future Value.

How does it work?

  • Choose the car (new or used) you like
  • Choose the most suitable repayment period
  • Agree on your annual mileage
  • You are given a Guaranteed Minimum Future Value which becomes your optional final payment
  • You decide on the deposit and payments suitable for your budget
  • At the end there are three choices for you; part exchange your vehicle for another car, keep the car and pay the final payment or hand it back and have nothing further to pay

What are the benefits?

  • Having a final payment reduces initial outlay and keeps the monthly payments lower, helping the cash flow of your business
  • Fixed monthly payments make budgeting easier
  • The interest you pay is tax deductible
  • Because the car is an asset on your balance sheet, you can write down a proportion of its value against your business profits
  • Flexibility at the end of the agreement to have an option that suits you

Business Hire Purchase

This is the most straightforward method of purchase. It is ideal for a customer who desires outright ownership of their car and probably changes their car at intervals of greater than 48 months.

How does it work?

  • Choose the car (new or used) you like
  • Choose the most suitable repayment period between 12 months and 60 months
  • You agree on a deposit and monthly repayment budget
  • At the end of the agreement, as long as all the payments have been made, the car is yours to keep

What are the benefits?

  • At the end of the agreement your business owns the car
  • By spending less cash up front this helps the business cash flow, or enables you to use the money to invest elsewhere
  • Fixed monthly payments make budgeting easier
  • The interest you pay is tax deductible

Business Contract Hire

The finance company reclaims the VAT on the car you drive and this saving is passed on to you with reduced rentals. There are other tax efficiencies available.

How does it work?

  • Choose the new car you like
  • Choose the most suitable hire period, usually between 24 and 48 months
  • Agree on your annual mileage
  • Agree the rentals most suitable for your budget
  • At the end of the agreement simply hand the car back

What are the benefits?

  • If VAT registered, your business could claim up to 50% of the VAT on monthly rentals and 100% VAT on the maintenance rental
  • Optional maintenance contract, so no surprise bills
  • A proportion of your rental payments allowable against tax
  • Reduced initial outlay improves the cash flow of your business
  • No hassle in selling the vehicle at the end of the contract

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