We understand that most people don’t have thousands of pounds burning a hole in their back pocket, so we offer flexible and affordable finance options to make driving a new or used car easier and more affordable.
These are designed to help you make the most of your personal budget, making things affordable on an ongoing basis.
There are several types of finance you can choose from, and our friendly staff are on hand to help you identify the one that makes most sense for your circumstances.
Similar to a Conditional Sale agreement but with additional flexibility since part of the cost is deferred until the end of the agreement which may give you the benefit of lower monthly payments. The deferred amount is known as the Guaranteed Future Value (GFV) sometimes known as Optional Final Payment.
After paying the initial deposit you make regular monthly payments to cover the amount borrowed plus any interest and fee. The interest rate is fixed which means you’ll know exactly how much you will repay throughout the term of the agreement. Once all of the payments have been paid the car is yours
Watch the product explanation video of Santander Consumer Finance Conditional Sale.
These newly standardised rates mean several things:
• They’re easier to understand (and for us to explain!)
• There are no set-up fees or ‘admin charges’.
• You won’t have to negotiate to get the best rate – everyone gets the same great deal.
• There’s no difference in rate between PCP and HP plans – so nobody’s circumstances are penalised.
Watch our video: Why finance through a dealership?