Car Finance
We’ll help you figure out the best way to finance your next vehicle
What is Vehicle Financing?
Finance is increasingly becoming the preferred payment method to purchase a vehicle. It covers a range of options with differing benefits but all provide an alternative payment method to buying your vehicle outright in one large payment.
It’s important to take a close look at all of the available options as there’s no singular best choice. Instead, you need to find the finance option that’s most suited to your personal situation and will bring you the biggest benefit depending on your needs.
Some of the main things to consider are:
- Your own personal finances
- Whether you want to own the car at the end of your contract
- What kind of mileage you typically do
- Whether the car will be used for personal or business use
Finance product |
Business/personal use |
Will you own the car at
|
Will there be a mileage limit? |
|
Personal contract hire |
Personal |
No |
Yes |
|
Personal contract purchase |
Personal |
Up to You |
Yes |
|
Hire purchase |
Business/personal |
Yes |
No |
|
Finance lease |
Business |
No |
Yes |
|
Business contract hire |
Business |
No |
Yes |
|
Lease purchase |
Business |
Yes |
No |
|
Personal loan |
Personal |
Yes |
No |
|
Balloon hire purchase |
Business/personal |
Yes |
No |
What types of finance are available?
At HPL Motors we can support you with various types of finance packages. The three most popular types are typically Personal Contract Hires, Personal Contract Purchases and Hire Purchases.
Personal Contract Purchase
Hire Purchase
Personal Contract Hire
Flexible Finance For You
For a quick look at what finance options are available to you, fill out our flexible finance form for an answer in just 60 seconds.
Alternative Dispute Resolution (ADR) Process
Heaton Park Garages Ltd is authorised and regulated by the Financial Conduct Authority (FCA), 25 North Colonnade, Canary Wharf, London, E14 5HS. PFIS Limited’s Financial Services Register number is 733528.
You can check this on the Financial Services Register by visiting the FCA’s website or by contacting the FCA on 0800 111 6768.
What to do if you have a complaint
If you wish to register a complaint regarding the sale of either a General Insurance policy or a Consumer Credit Agreement, please contact us either in writing to:
396 Manchester Road, Oldham, OL97PQ or call 0161 766 2374.