Finance From County Motor Works
There are many different ways to finance your new car. What’s more, you may hear plans that are very similar in features referred to under very different names, making your list of options seem endless.
All Finance products can be tailored to meet your individual needs. Before making a final decision, we recommend you visit our dealership where our trained sales executives will be happy to discuss options available to you in more detail.
Finance is only available to persons aged 18 years or over and is subject to status. Guarantees and Indemnities may be required. Certain categories of business user may be ineligible. Written quotations are available upon request.
Personal Contract Plan
Using a Personal Contract Purchase (PCP) plan the customer will make an initial payment, followed by a series of monthly payments and a final large, but optional payment, called a GFV.
See how it works. Once you have chosen the car you want, decided how much deposit you wish to pay and agree a repayment period, your dealer will calculate your fixed payments and the Guaranteed Future Value (GFV).
- Once you have chosen the car you want, decided how much deposit you wish to pay and agree a repayment period, your dealer will calculate your fixed payments and the Guaranteed Future Value (GFV).
- You can select any level of deposit or period of agreement from within our product parameters to suit your own individual needs.
- The GFV is the minimum amount the car is estimated to be worth at the end of the agreement term.
- At the end of the agreement, you are free to choose from one of the following options:
- 1. Part exchange the car with us and drive away in a new car using any amount over the GFV as part of your deposit on the next agreement.
- 2. Pay the GFV and take ownership of the car.
- 3. Simply return the car to us with nothing more to pay(subject to final mileage and condition of the car).
Hire Purchase
Hire Purchase is the traditional way to finance your new car - you simply choose the deposit amount you wish to pay and the length of the repayment period.
See how it works. How it works
- You pay for your car over a pre-agreed period, during which time the balance and interest are repaid by fixed payments.
- You can select any level of deposit or period of agreement from within our product parameters to suit your own individual needs.
- The interest charged is calculated at the beginning of the agreement and will remain unaffected by any future changes in interest rates, allowing you to plan your budget with confidence.
When all the payments have been made at the end of the agreement you own the car.
Business Users
At County Motor Works we understand the various methods of funding company cars and can offer tailored solutions suitable for businesses small and large. With options including maintenance packages, hire purchase, cash sale and contract hire, we can advise the best options for your company.
See the ‘Contract Hire’ for the Business User Contract Hire for the Business User
- No balance sheet impact for the LESSEE - rentals are treated as revenue expenses
- Fixed cost, as the only variables will be fuel, insurance [and maintenance if a non maintenance contract selected]
- A percentage of the monthly rental may be offset against liability to corporation tax
- 50% of VAT on rentals reclaimable if vehicle has private usage content
- 100% of VAT on rentals reclaimable if used solely for business use
- 100% of VAT on maintenance contract element reclaimable regardless of use
- Accelerated tax benefits in first year if large advance rental paid (subject to maximum)
- Contract hire company administers vehicle
- Maintenance contracts available
- No risk to the hirer [LESSEE] in the value of the vehicle at end of contract
Current Car Valuation
At County Motor Works we believe in fairness, openness and honesty. When you want to trade in your car we will take everything into account to offer you the best possible allowance against your next car. Using the industry Glass’s and CAP guides, along with out unrivalled knowledge of the local market place we assess each vehicle individually, taking into account the condition, mileage, service history and previous ownership of the car before giving you a “Cost to Change” into a newer vehicle.
If you are looking to sell your car quickly, but not necessarily buy a new one just yet, we can help there too. Simply fill out our valuation form below and we will come back to with an indicative price. We will need to physically see and inspect the car before confirming our offer.
Get a vehicle valuation