Finance

 

We offer finance, both HP & PCP, at a competitive rate.

Please call us for details and a quote.  We can help you find the right car finance deal for you. Choose from our monthly payment options. As we're a finance broker not a lender, we’ll always find a competitive deal for you.

 

Hire Purchase (HP)

HP is a finance plan that allows you to spread the cost of the car by making monthly payments over an agreed term. 

You make higher monthly payments than a Personal Contract Purchase (PCP) agreement, so that when you come to the end of the agreement you’ll own the car. 

Unlike PCP, there are no limits on mileage. 

HP could be right for you if you want to buy the car at the end of the agreement.

 

Personal Contract Purchase (PCP)

PCP is a finance plan where you make equal monthly payments over an agreed term, with a larger final repayment due at the end if you decide to keep the car. 

At the end of the agreement, you have three options. You can hand the car back to the finance company (the car must be in good condition and within the agreed mileage, otherwise charges may apply), part exchange it for another car on a new agreement (subject to status), or pay the final repayment to own the car.

PCP could be right for you if you’re thinking of changing your car in the next few years, or if you’re unsure whether you want to buy the car at the end of the agreement. 

PCP monthly payments are usually lower than HP payments. This is because a large part of the total amount payable is left to the end of the agreement. You also pay interest on the car’s value at the end of the term, which means that PCP can be more expensive overall.

 

About us

H Edmondson Motor Engineers Limited is authorised and regulated by the Financial Conduct Authority, firm reference 807288.We are acting as a credit broker and not a lender. We can introduce you to a limited number of lenders, while providing details of finance products available. We will not charge you a fee for an introduction, but may receive a commission from the lender. Lender’s commissions may vary. The commission received does not influence the interest rate you will pay. For questions about commission, please speak to us at H Edmondson Motor Engineers Limited  T/A  H Edmondson Car Sales, 6 Guide Road, Hesketh Bank, Preston, PR4 6XS.

Representative finance examples are for illustrative purposes only. Finance is subject to status and credit acceptance. Terms and conditions apply. Available to 18s and over & UK residents only. Guarantees and/or indemnities may be required. Excess mileage and damage charges may apply when vehicle returned.

We aim to provide a first-class service, however if you have any cause for complaint, please contact us at the address above or by telephone on 01772 811000. If you are still dissatisfied you have the right to ask the Financial Ombudsman Service to review your case.  You can contact the Ombudsman at Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London, E14 9SR or telephone 0800 023 4567.

 

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