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Funding your new vehicle!


Financing a new car can be a daunting task. Today’s financial market is flooded with many confusing products, services and offers.

At The Lanmere Motor Company we like to keep things simple, which is why we offer the most common, traditional and straightforward method of financing your new vehicle, a hire purchase agreement.

Hire purchase is a simple way to spread the cost of your new car over a period of up to five years with a fixed interest rate, ensuring your payments will remain the same for the entire duration of the agreement.

We work very closely with our finance providers to ensure the process of funding your new vehicle is extremely simple and competitive. We don’t require numerous completed forms, or three or four working days approval time like some banks and building societies, it’s a very simple process, with immediate decisions. The vast majority of customers we propose are accepted within minutes!

Advantages of a hire purchase agreement:


  • Simple proposal process.
  • Immediate decisions, no three or four day approval time.
  • Flexible deposits, you choose the amount of deposit that suits you.
  • Fixed interest rate, no worries about increased future payments.
  • Fixed period, spread the cost of your new car up to five years.
  • Fixed monthly payments, means monthly budgeting is made simple.
  • Payment Pause, no initial payment for two months.
  • No Surprises, no balloon or deferred payments at the end of the agreement.
  • Flexibility, settle your loan early if required.
  • Ownership, at the end of the agreement you take full ownership of the vehicle.
  • VAT free, no VAT on any payments.
  • Peace of mind, you will feel secure in the knowledge that the payment quoted is the one you will pay throughout the term of your agreement.

We understand that every customer has different financial circumstances. Whether you wish to finance all or part of your new vehicle please do not hesitate to contact us to discuss your particular funding requirements.

We look forward to hearing from you!

Please note, vehicles purchased through third party finance providers such as a bank, building society or broker (i.e Zuto or CarFinance247) are welcomed but are subject to a £199.00 plus VAT charge to cover introduction fees and additional administration.
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8a Whitehall Road
Colchester
Essex
CO2 8HA 01206 868733

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