The most simple and straight-forward agreement is ‘hire purchase’, where you pay fixed monthly payments in order to spread the cost of purchasing a car over a number of years. The benefits of this agreement are that deposits are flexible whilst having fixed rates and payments make budgeting a whole lot easier. Terms available from 12 – 60 months, written quotations available on request.
Lease purchase is our most popular type of finance agreement and is best suited to cars with higher values and for customers that like to change cars regularly. Similar to a ‘hire purchase agreement’, with the main difference being a balloon payment at the end of the agreement. This means that monthly payments are much less and whether you want to settle your agreement early or at the end of the agreement, it is your choice whether you want to part-exchange the car, re-finance or just pay off the balance.
Personal Contract Purchase
PCP is similar to Lease Purchase in that the monthly payments are offset by a final payment, but the difference with PCP is that this final payment is optional. At the beginning of the agreement, the future value of the car is set by the finance company and at the end of the agreement you have the option to just hand back the keys rather than pay the final payment or part-exchanging for another car. PCP suits a customer who is looking to keep the same car for the duration of the finance agreement.
We can also assist in the refinancing or equity release plans to help you grow your collection or secure that dream car.
The funding we offer is tailored to each individual and consultation takes place to ensure the bespoke package meets your requirements.
Note: Pilote Classics Limited are authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 920481
For a more detailed discussion or to request a quote for a car in stock, please contact us below.