The Best Way to Pay for Your New Car Click Here
If you prefer not to tie up valuable capital, Furness Park can offer full finance facilities at favourable terms. All packages are tailored to suit your individual financial requirements. We have many years experience in dealing with finance. Sourcing your own finance can be time consuming. We want your experience of buying your new vehicle to be stress free - so let us do the hard work for you. We are happy to discuss your individual requirements.
Our finance options are:
This is a simple, traditional way of funding your new vehicle. It involves fixed monthly payments over a period of between 12 and 60 months. Once all payments have been made the vehicle is yours.
When considering your loan options it’s worth remembering that your bank and other direct lenders are not as tightly regulated as Car Loan Lenders. This gives you many advantages – for example you will benefit from a reduction on interest in the event of you wanting to settle early on a Car Loan, whereas this is very rare on a personal loan.
This type of agreement keeps your monthly payments to a minimum and gives you greater flexibility by giving you more options at the end of the deal. It is the perfect solution for private buyers and those opting out of company car schemes.
Benefits to you:
The maximum term for a PCP agreement is 48 months, and the maximum age of the vehicle is 60 months at the start of the agreement.
Furness Park LLP is authorised and regulated by the Financial Conduct Authority, FRN 655123. We are a credit broker not a lender and can introduce you to a limited number of lenders. We typically receive a fixed commission calculated by reference to the vehicle model or amount you borrow, for introducing you to a lender but this does not affect the interest charged on the agreement, all of which are set by the lender. You can check this on the FCA’s website www.fca.org.uk or by contacting the FCA on 0800 111 6768