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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.
www.moneysupermarket.com
Personal Loan
A
personal loan allows you to
borrow a set amount over a set
period of time. Repayment
is made in fixed monthly
instalments over your desired
period.
www.moneysupermarket.com
www.uswitch.com/Loans
www.tescofinance.com
www.theaa.com/loans
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.
Other Links:
www.moneysavingexpert.com
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