This is a subject that has many different options. Cash, debit card or bank transfer are known as purchasing outright, with this option there are no further payments required.
This option you have the traditional way to fund the purchase if you don’t have all the funds to complete the sale. It involves putting a deposit down and borrowing the remainder.
There are many different options and we always advise you get a few different quotes.
The length of time you want to pay back will affect the interest and monthly payment. Personal contract purchase, often referred to as a personal contract plan, is a form of hire purchase vehicle finance for individual purchasers, to both personal contract hire and a traditional hire purchase.
Please do not hesitate to get in touch if you want to discuss the different payment options.