Financing Your New Car

When it comes to purchasing your new car, we aim to offer you the best advice and funding solutions available to suit your specific needs. We have working relationships with various funders in the market place meaning that we are able to offer some of the best rates currently available. Some of the agreements we can offer are:

Hire Purchase (HP)

This is the most simple and straight-forward agreement 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 from 12 – 60 months.

Lease Purchase (LP)

Similar to Hire Purchase 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.

Personal Contract Purchase (PCP)

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.

Sterling Motor Cars are Authorised and Regulated by the Financial Conduct Authority. Firm Reference Number 631800.

Please fill out the form below and someone in our Sales Team will be in contact. Alternatively, you can call our team on 01342 322 466.

Apply for finance

Finance