C and M Motors, Omagh, have a dedicated team of finance experts waiting to help with your enquiry. We have relationships with high street lenders and specialist motoring finance houses too, that is why we have helped hundreds of customers secure the best finance deal for their budget. We aim to be as helpful as possible when it comes to finance.
Advantages of dealer finance
Considering your finance options
So you are looking to finance your next car, and there may be a number of options available to you. Arranging your finance through the dealership is often considered the best way to fund your car purchase offering advantages to borrowing from a bank or other loan provider.
Your finance agreement - see the benefits
Financing your car purchase via a dealer allows you to customise your agreement to suit your requirements and gives you a certain degree of flexibility over other forms of credit, the interest rate is fixed meaning that you know exactly what your monthly payments will be from month to month.
By taking out dealer finance you are more often likely to be approved for a better rate of interest – why not watch and see our free finance checker video and try out our free finance check once you have chosen your car? This will allow you to compare a range of finance products available from this dealership that best suits your profile.
HP Car Finance
Traditional Way To Fund a Vehicle
Using HP Car Finance is one of the most popular and has been the most traditional way to finance your car purchase over the years. HP car finance gives you the flexibility to settle your agreement at any time and you will receive a rebate of interest.
HP Car Finance gives you numerous benefits over normal loans and is fast and easy to arrange with the decision often turned around in minutes.
As the dealership is paid directly by the finance company, this ensures that you take delivery of your vehicle much more quickly, also the other benefit is that the vehicle acts as security which means it is not secured to your home.
PCP Car Finance
Lower Monthly Payments
PCP is an increasingly popular way in which to fund your next car purchase. It will allow you lower monthly payments over a traditional loan because your chosen car’s future value is calculated and treated as the final payment.
PCP car finance has some great benefits including lower monthly repayments and the ability to settle your finance agreement at any time.
Three Options Are Available At The End of The Agreement
1. Your first option is to pay the final payment and keep the car .
2. Your second option is if your car is not worth the final payment value then you can simply hand it back to the finance company with nothing more to pay (This would be subject to the vehicle’s mileage and condition).
3. Your third and final option, which is the most popular of the three is to part exchange your car which settles the agreement. Any excess monies over and the above the final payment can be used as part of your next deposit. You can choose to do this at any time during your finance agreement offering you unparalleled flexibility.