Finance

Financing a new or used vehicle is becoming a very simple and extremely cost effective way of paying for your purchase. At Marlborough we have managed to secure very attractive rates with our funders and we are also delighted to fully support the manufacturers finance schemes that will often include 0% finance and free servicing or very low rates that other external lenders will never be able to compete with.

The finance schemes that we arrange for our customers can be split in to three keys areas:

Click on the buttons above to watch our videos explaining each type of finance option.

Hire Purchase

The best known way of paying for a new or used car. Deposits can start from £0. The length of the agreement can vary from 1 Year to 5 Years with a competitive fixed rate of interest.

Personal Contract Purchase (PCP)

This plan is the most popular way of funding vehicles today. It is ideal for customers looking to lower their monthly repayments compared to the more traditional ways of paying for their car. It also allows customers to change their vehicle more frequently, if required and protects customers from any fall in future values at the end of the agreement.

Deposits can vary from £0 to 30% of the price of the vehicle.

Contract Hire

This is an non ownership lease product primarily sought by vat registered businesses but now even more popular with the general public especially employees who are opting out of their company car scheme and taking the cash alternative.. Payments will attract VAT and at the end of the term the car is simply returned to the contract hire company with nothing to pay (subject to condition and mileage parameters.) The initial deposit can be very low with payments spread over a period of up to four years. It will be classed as on off balance sheet asset and a percentage of the VAT charged on the rentals and maintenance can be reclaimed. A full maintenance package including tyres, servicing and yearly road tax replacement can be included in the payments if requested.

For a full explanation of all our finance options please contact Steve McGlone on 0208 225 5831 or click on the HP or PCP finance tab for a detailed visual demonstration