Finance at Hammond Isuzu
Buying a car - whether new or used - is an expensive time for anyone. For most, a competitive finance package will be essential to supporting the purchase, foregoing significant outlay in exchange for affordable monthly payments. At Hammond Isuzu, we have sales experts who will be able to provide full details on the range of purchasing plans available to assist you in your purchase of a new Isuzu vehicle.
Both business customers and individual motorists can be accommodated by Hammond Isuzu, meaning that cost-effective price plans are available for everyone. Regulated by the Financial Conduct Authority (FCA), you can rest assured that your finance package comes from an authorised and experienced lender.
Why Finance Through a Dealership
What is Hire Purchase?
What is Personal Contract Purchase
The two most common forms of vehicle financing are Contract Hire and Hire Purchase. All packages can be tailored to your own specific circumstances - be it budget, annual mileage, length of agreement, etc. - making access to a new Isuzu universal.
Contract Hire is a rental agreement with monthly payments based on the period of hire, annual mileage, vehicle price, and anticipated future value of the vehicle. At the end of the agreement, and assuming you've fulfilled certain conditions, you will simply be required to return the vehicle to us. The benefits of the scheme are manifold, including lower fixed monthly payments; up to 100% of the VAT reclaimable for commercial vehicles; improved cashflow; and you can exchange your vehicle for a new one at the end of the term.
Hire Purchase, meanwhile, is a more traditional means of financing the purchase of a vehicle. After paying an initial deposit, you will be responsible for monthly payments to pay off the remaining balance over an agreed period. At the end of the agreement, you will own the vehicle outright.
Our financial experts will be able to go into greater detail on the full range of options available. Contact us today for more information.