When it comes to purchasing your new car our aim at Aston Martin Walton on Thames is to ensure all our customers are fully informed of the different finance options available to them.
We have fantastic relationships with a panel of different finance companies giving us access to some of the best finance packages on the market.
We pride ourselves on being able to offer very competitive finance packages and finding a bespoke solution to suit individual needs in order to help fund the purchase of your next car in the most cost effective manner.
The different types of finance agreements include:
The most simple and straight-forward agreement is ‘hire purchase’ where you pay fixed monthly payments in order to spread the cost of purchasing a car over a number of years. The benefits of this agreement are that deposits are flexible whilst having fixed rates and payments make budgeting a whole lot easier. Terms available upon from 12 – 60 months, written quotations available on request.
Lease purchase is a finance agreement that is often best suited to cars with higher values and for customers that like to change cars regularly. Similar to a ‘hire purchase agreement’ with the main difference being a balloon payment at the end of the agreement. This means that monthly payments are much less and whether you want to settle your agreement early or at the end of the agreement it is your choice whether you want to part-exchange the car, re-finance or just pay off the balance.
PCP is similar to Lease Purchase in that the monthly payments are offset by a final payment but the difference with PCP is that this final payment is optional. At the beginning of the agreement the future value of the car is set by the finance company and at the end of the agreement you have the option to just hand back the keys rather than pay the final payment or part-exchanging for another car. PCP suits a customer who is looking to keep the same car for the duration of the finance agreement.
Whichever type of agreement you choose our aim at Walton on Thames Aston Martin is to provide a solution which puts you into the best possible position should you wish to change your car during the agreement or at the end of the agreement as we want to secure more business with you in the future and build long-standing relationships with all our clients.
Contract Hire is a car lease that allows you to drive a new vehicle over an agreed period of time and mileage. This gives you cost-effective access to new vehicles and none of those large drops in value normally associated with owning a new vehicle outright. You also have the option to include vehicle service maintenance and repairs in a maintenance rental, which means you can budget predictably for all your business motoring. Contract Hire can have VAT benefits such as 50% of your VAT on contract hire payments can be claimed back and 100% of VAT on a maintenance rental can be reclaimed. Leased cars are not counted as assets. Therefore your company’s balance sheet will show an immediate improvement in the “rate of return” on capital employed (via the asset value of the balance sheet being reduced).
Our team at Aston Martin Walton on Thames are SAF approved which means that a level of professionalism and knowledge must be obtained and demonstrated each year, this gives you the added peace of mind that you are working with somebody who can advise you fairly and accurately. The IMI is committed to raising standards in our sector and, not least of all helping ensure that customers are treated fairly. In line with FCA requirements and with the help of industry expertise, the IMI has developed an accreditation for Finance and Insurance (F&I). The accreditation is intended for professionals who provide finance and insurance products in the retail motor industry. This accreditation is designed to measure skill and knowledge to an industry standard - it provides a unique opportunity to prove current competence in qualifying and presenting finance and insurance options to the customer.
The Financial Conduct Authority (FCA) is the independent regulator of financial services. Use this information to decide if our services are right for you. HWM Ltd is authorised and regulated by the FCA (our registration number is (679323) and which is permitted to advise on and arrange consumer credit contracts.
Your information will only be disclosed to third parties in the normal course of arranging and administering finance contract(s). For full details of where your information will be sent and the purpose of such data transfer, please ask us.
Disclosure of Payments and Commissions
We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered and is available on request.