*Viewing by appointment only*
Chislehurst's Used Car Specialists
We are able to offer a wide range of flexible finance packages to suit your pocket. These include Hire Purchase, Lease Purchase (balloon payment option) with repayments over 1- 5 years, and Personal Loans via our Internet Funding System.
All finance is subject to status and not all vehicles qualify for acceptance
Hire Purchase:
The traditional, but still ever popular, funding option which gives the customer eventual ownership of the vehicle.
A fixed cost, fixed period loan that allows you to spread the cost of the vehicle over a period of up to five years. The user is effectively the owner of the asset, but legal title to the car does not pass until the loan is fully repaid including the final payment which includes a nominal "option to purchase" fee. Monthly payments cover the capital cost plus interest and do not carry VAT. For business users the vehicles will be ON Balance Sheet.
Lease Purchase:
For Private individuals and companies that want eventual ownership of the vehicle. A funding agreement where the purchaser acquires ownership when all the payments, including the option to purchase fee have been made. Part of the capital cost of the vehicle payment may be deferred into a "balloon" payment at the end of the agreement which equates to the anticipated value of the vehicle at the end of the leasing period.
If you would like to take up finance with us please fill out our online form.
Elmstead cars is licensed for credit brokerage and a copy of our Consumer Credit License is available on request