There's a lot of jargon out there regarding finance options, but we try to simplify the process with a range of offers to suit all customers.
Car finance is a convenient and affordable way to drive away in the car of your dreams. We can help you work out what payments suit you each month and tailor the offer to make it simple.
Minstergate work with a number of lenders and we have a high success rate of getting finance accepted so let us see what we can do for you.
You could check to see if you could be eligible for finance with our FREE Motor Credit Check available, it takes 5 minutes and it won't affect your credit rating.
Buying a car is a considerable purchase and in an age where our money is tracked in and out on a monthly basis, it makes sense to pay for your car in the same way. Whether you can't or don't want to pay for your next car outright we have options which suit everyone.
You could spend months saving the cash to buy your next car or you could drive it away today and do the saving while you get to enjoy the benefits of a new vehicle.
We can offer a range of finance products including PCP, PCH, HP and Contract Hire.
Call us to go through the options which would best suit your circumstances and our trained advisors can make the process transparent and easy.
Personal Contract Purchase
With PCP instead of getting a loan to cover the full cost of the vehicle, you borrow the difference between the cost of the car brand new and the predicted value of the car at the end of the term. These often offer lower monthly payments, there is an option to buy the car end the end of the agreement by paying the balloon payment but we find most people simply trade it in for another new vehicle and continue to make affordable monthly payments.
Personal Contract Hire
PCH allows you to pay monthly payments and road tax is included. You also have the option to include servicing and maintenance for the term of the agreement. You will not own the car and there is no option to do so, but you will have a fixed monthly payment plan over the length of time that suits you up top four years.
Hire purchase allows you to buy a car on finance and the loan will be secured against the car. You make an initial deposit and then make fixed monthly payments over an agreed period, meaning you will only own it after the last payment has been made.