New Car Finance in Torquay
At Revento Motors Ltd, we understand that financing a new car in Torquay can be a big decision. That's why we offer tailored finance options to suit your budget and lifestyle. Our expert team is here to guide you through the process, ensuring you find the perfect deal for your next vehicle. Visit us to explore your options!
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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 Torquay?
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 package that suits your budget and lifestyle needs.
Can I Apply For Car Finance If I Have A Poor Credit History?
Yes, at Revento Motors Ltd, we work with several lenders who specialize in providing finance options for individuals with a range of credit histories. We encourage you to apply as we assess each application individually.
What Is The Process For Applying For Car Finance In Torquay?
The process is straightforward. You can start by filling out our online finance application form. Once submitted, our finance team will review your application and contact you to discuss further details and the next steps.
Are There Any Fees Associated With Applying For Car Finance?
We do not charge any fees for applying for finance. However, depending on the finance option you choose, there may be fees associated with the agreement itself, such as administration fees or option to purchase fees.
Can I Use A Part Exchange As A Deposit For My Car Finance?
Absolutely, we accept part exchanges as a deposit for your next car purchase. We will assess the value of your current vehicle and this can be put towards the deposit on your new purchase.
How Long Does It Take To Get A Decision On My Car Finance Application?
We aim to provide decisions as quickly as possible, typically within 24 to 48 hours. Our team works diligently to ensure a smooth and efficient process to help you get behind the wheel of your new car sooner.