ADG Sevenoaks Finance Solutions

Specialists in Used Maserati and Prestige Used Cars

Understanding the various finance options can be confusing.

Use ADG Sevenoaks' handy flow chart to find the Right Finance Option for you.

1. Contract Purchase Keep it, Return it Pay a negotiable deposit Make monthly payments Agree a final 'balloon' payment and reduce your monthly payments Choose to keep your vehicle, sell it or return it Ownership of your vehicle

2. Personal Contract Purchase Keep it, return it, sell it Pay a deposit and make monthly payments Agree a final 'balloon' payment to reduce your monthly payments Choose to keep your vehicle, sell it or return your vehicle

3. Lease Purchase (with balloon payment) An attractive alternative to simple hire purchase Opting for 'balloon' payment reduces your monthly payments Negotiable deposit Monthly payments over a fixed period Ownership of your vehicle Fixed interest rate

4. Balanced payment plan (with optional 'balloon') Potential savings if interest fall Pay a low deposit Flexibility to make lump sum payments Low cost options for early termination Tax allowances for business users Ownership of your vehicle

5. Hire Purchase The traditional way to buy your new car Negotiable deposit Monthly payments over a fixed period Ownership of your vehicle Fixed interest rates

6. Finance Lease Vehicle use without responsibility of ownership Improved cash flow No capital expenditure You benefit from the net sale proceeds Rentals allowable against taxable profits VAT reclaimable

7. Contract Hire The simple risk-free option No capital expenditure Monthly rentals based on difference between initial price of vehicle and projected residual value Rental allowable against taxable profits VAT reclaimable

We are able to offer a wide range of flexible finance packages to suit your pocket. These include Hire Purchase with repayments over 1- 5 years, PCP, Leasing and Personal Loans via our Internet Funding System.

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.

Leasing:
A lease is a contract between a Lessor (the lender) and the Lessee (the customer) for the hire of a vehicle. The lessor retains ownership of the vehicle while the lessee has possession and use for payment of specific rentals and agreed period.

If you would like to take up finance with us please click here and fill out our online form.

Drive Away Same Day
You must bring with you a full / provisional UK driving licence with your current address (Holders of photo ID licence must bring counterpart)

and

Two proofs of address which can be utility bills / Bank Statement (dated within the last three months at your current address) along with a proof of signature. ie Credit or Debit card.

Holders of International or European driver licences must bring two proofs of address which can be utility bills / Bank Statement dated within the last three months at their current address along with a proof of signature.ie Credit or Debit card. Drive away same day subject to status.

• View Stock
• Sell Your Car
• Warranty
• Finance
• About Us
• Location
• Contact Us
• Home