Below are details and links about the various ways to finance you new car;
Compare Contract Hire www.comparecontracthire.com
Compare Contract Hire is the UK’s first contract hire price comparison site (launched in June 2008) allowing both SME’s and consumers the ability to quote online and deal direct with contract hire companies. You can search by exact model, by £ rental, by CO2 and by MPG.
PCP (Personal Contract Plan)
Personal Contract Plans allow you to purchase a new vehicle without having to pay for it all. Pay a small deposit and the remainder over 12-48 months. A pre determined future value of the vehicle will be given. At the end of the term, you can buy the vehicle or hand it back.
A personal loan allows you to borrow a set amount over a set period of time. Repayment is made in fixed monthly installments over your desired period.
Contract Hire & Lease Hire
To be eligible for Contract Hire you need to be a business that has been trading for 3 years. Simply choose the duration of the hire and your annual mileage. There is usually an initial payment equivalent to 3 months hire. At the end of the duration simply hand the vehicle back.
Personal Contract Hire
Personal Contract Hire is similar to Contract hire above except available to private individuals. You just need to add the VAT sum to your monthly payments.