At Wilsons we offer an array of financing packages that allow you to pay for your vehicle and related products and services in the way that is best for your present budget and priorities. The finance specialists at our Epsom dealership are experienced professionals, who will set out the available options to you in the clearest and most accurate of terms and provide recommendations based upon your needs and circumstances.
Financing obtained through the dealership is usually offered on more generous terms and more attuned to the particular needs of vehicle buyers, in comparison to the generalised personal loans available from other institutions. Under financing agreements from dealerships your vehicle becomes a security, keeping your credit lines open for other purchases – something that cannot necessarily be said for personal loans, which may exhaust the maximum amount of credit available from your lender.
The majority of financial policies we provide at Wilsons are Car Hire Purchase or Personal Contract Purchase agreements.
Car Hire Purchase is best suited to customers who have accrued a substantial lump sum for use as a deposit, which is then deducted from the total price of your selected vehicle. Over the next 12 to 60 months, you then pay off the remaining cost of your financing until you own the car completely. As well as being a simple, direct way to vehicle ownership, Hire Purchase policies often give you low or even 0% interest rates.
Personal Contract Purchase
Personal Contract Purchase financing allows buyers to defer much of the costs of buying a car. Within certain parameters, you can choose the size of your deposit, the length of your repayment term (usually between 18 and 42 months), and an annual mileage allowance.
A “Guaranteed Minimum Future Value" (i.e. the expected value of your vehicle at the end of your monthly repayments) is then calculated. When the agreement ends, you have the choice of paying off the value of the car and taking full possession of it, or returning it to Wilsons with no further obligation.
If you are looking to purchase a new car from us, we can present a variety of arrangements in conjunction with our partners at Renault, Nissan, Dacia, Fiat, Peugeot and Vauxhall. These policies apply to vehicles across the manufacturer's range, from superminis to SUVs and sports cars.
As well as structuring your repayments in the most appropriate manner, these policies also supply such extra benefits as comprehensive warranties, servicing plans, free insurance, road tax exemptions or breakdown cover. The hundreds of used vehicles in our stock also offer a variety of payment structures and different benefits.