SLF car sales are pleased to be offering car finance to help you fund your next car. We take the hassle out of car finance by arranging it all for you. We work with Evolution Funding one of the leading finance providers, with over 30 different lenders on a soft search basis. This means we are able to offer competitive finance rates and tailor a finance plan to suit your needs.
We are able to offer two different types of car finance plans with Evolution Funding – Personal Contract Purchase (PCP) and Hire Purchase (HP).
At SLF Car we are FCA registered.
Personal Contract Purchase
PCP or Personal Contract Purchase is a popular car finance option; allowing you to lower your monthly cost by deferring a large proportion of the amount of credit to a final payment at the end of agreement. This gives you the customer more flexibility and means you may be able to afford a better vehicle then initially thought. Once your PCP agreement has ended you can either pay the ballon payment or return the car to the finance provider.
HP or a Hire Purchase agreement could help you buy your next car spreading the cost over an agreed term usually 2, 3, 4 or even 5 years. To start a hire purchase agreement you generally pay a 10% deposit or in some case 0%, then pay the remaining balance over the agreed term. After you have made all the agreed instalments the car is yours.