At All Electric Garages Group Plc we have dedicated finance specialists available to help you choose the right finance solution for your new vehicle. Simply call or visit one of our showrooms and we'll tailor a finance package to suit your needs.
Featured below are the most common forms of car finance that we offer.
PCP's can operate over terms of 25 months upto 42 months; at the beginning of the period the customer will pay a deposit and have set monthly repayments. At the end of the contract there are three options facing the customer:
Start the process all over again by coming back to All Electric, trading in the car and paying off the Minimum Guaranteed Future Value (GFV) to the finance company. Any surplus can then be put towards the deposit on a new car. Alternatively, the car can be sold privately, keeping any surplus in excess of the GFV.
Return the car and walk away. If the market conditions have changed and the car is worth less than the GFV, the lender will absorb any loss. Provided the vehicle is in good condition for its age and does not exceed the agreed mileage.
Keep the car by paying off the GFV. Even if the vehicle is worth more, the customer only has to find the agreed GFV set at the outset of your finance plan. This final GFV can even be re financed subject to status and conditions. Both new and used vehicles can be purchased on a PCP plan.
This is the most common form of car finance after PCP's. The customer pays the cost of the vehicle plus interest in fixed instalments over a pre-determined contract period of upto 5 years. If all the payments are satisfied, full ownership passes to the customer when the final instalment is paid.
Finance is subject to status. Available to over 18s in the UK only. Written quotations available on request. Licenced credit brokers. Offer available on selected vehicles only while stocks last.
All Electric make every effort to ensure the up to date accuracy of the information shown, occasionally an error can occur. It is for this reason we advise you to verify all details about this vehicle with the dealership before making a purchase.
All Electric Garages Group Plc is Authorised and Regulated by The Financial Services Authority. Firm Reference Number 307863