New Car Finance in Barnstaple
At Revento Motors Ltd, we understand that financing a new car in Barnstaple can be a significant decision. Our tailored finance options are designed to make your purchase smooth and affordable. Whether you're looking for low monthly payments or competitive interest rates, our team is here to help you find the perfect plan.
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Typical Representative Finance Example
| Product Hire Purchase | Cash Price £11,995.00 |
| Total Deposit £495.00 | Total Amount of Credit £11,500.00 |
| First Payment £241.38 | 58 Monthly Payments £241.38 |
| Final Payment £242.38 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £2,983.80 | Total Amount Payable £14,978.80 |
| Annual Fixed Interest Rate 9.90% | Representative APR 9.90% |
| Product Hire Purchase | Cash Price £11,995.00 | Total Deposit £495.00 | Total Amount of Credit £11,500.00 | First Payment £241.38 |
| 58 Monthly Payments £241.38 | Final Payment £242.38 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 |
| Interest Charges £2,983.80 | Total Amount Payable £14,978.80 | Annual Fixed Interest Rate 9.90% | Representative APR 9.90% |
| Product Hire Purchase | Cash Price £11,995.00 | Total Deposit £495.00 | Total Amount of Credit £11,500.00 | First Payment £241.38 | 58 Monthly Payments £241.38 | Final Payment £242.38 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £1.00 | Interest Charges £2,983.80 | Total Amount Payable £14,978.80 | Annual Fixed Interest Rate 9.90% | Representative APR 9.90% |
FAQ
What Finance Options Are Available For Purchasing A Used Car In Barnstaple?
We offer a variety of finance options including Personal Contract Purchase (PCP), Hire Purchase (HP), and Lease Purchase. Our team can help tailor a finance plan that best suits your budget and lifestyle needs.
Can I Apply For Car Finance Online?
Yes, you can start your finance application online. Simply fill out our secure application form on our website, and one of our finance specialists will get in touch to discuss your options and guide you through the process.
What Is The Criteria For Applying For Car Finance?
Applicants must be at least 18 years old, hold a valid UK driving license, and have a stable income. Credit history will also be considered as part of the approval process.
How Does Part Exchanging My Current Car Work?
Part exchanges are a great way to reduce the cost of your new purchase. Bring your current car to us, and we will evaluate its condition and market value. This amount can then be used as a deposit or to lower your finance payments on your new car.
How Long Does It Take To Get A Finance Decision?
We aim to provide a decision as quickly as possible. In most cases, decisions can be made within 24 hours from the time all required documentation is received.
Are There Any Additional Fees With Car Finance?
Transparency is key in our finance agreements. Any applicable fees, such as administration fees or early repayment charges, will be clearly outlined in your finance agreement. We encourage you to review this carefully and ask our team any questions you may have.