Livingstone Motor Group 01482 627527

Finance

At Livingstone Motor Group we offer a range of finance options to aid with the purchase of your new vehicle. A few of these options are explained below:

Hire Purchase

You pay a deposit and pay off the value of the car in monthly instalments, with the loan being secured against the car. This means you don't own the vehicle until the last payment is made.

Personal Contract Purchase (PCP)

This is the most popular way to finance a car and is essentially a long-term loan agreement. Monthly repayments tend to be lower and then at the end of a fixed term you have a range of options:

- Return the car.

- Pay the final ‘balloon’ payment and own the vehicle outright.

- Put the resale value of the car towards getting another car.

This form of finance is ideal if you like to change your vehicle every few years.

Why Finance Through a Dealership

Personal Contract Hire (HCH)

A hassle-free approach to vehicle finance. This type of finance is a long-term lease of up to four years where you simply return the car at the end of the period. It means there is no obligation at the end of the contact – You walk away and start again.

  

We are a credit broker and not a lender. We can introduce you to a limited number of lenders and their finance products. We are not an independent financial advisor. We may advise you on the products, subject to your personal circumstances, though you are not obliged to take our advice or recommendation. We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). A customer may ask for commission disclosure at any time from our initial discussions through to the point when their agreement is set live. For your reassurance, all of the lenders we work with could pay commission at different rates, but the commission we receive does not influence the interest rate you will pay. Our aim is to secure finance for you at the lowest interest rate you are eligible for from our panel of lenders.