Finance

Almost two thirds of customers today buy their car with some sort of finance.

So many options, what's the best?

In our opinion at McCreath & Son there isn't a right or wrong type of finance; it's about finding the right way for you.

Contract hire and leasing tend to be favoured by businesses as it allows them not to tie up funds into assets and in some cases also has certain tax benefits.

For most people the choice of finance is between the classic H.P route with a fixed monthly payment or a PCP for those that like to change their vehicle every 2-3 years.

Used Cars Northumberland

To find out how any of the above work on a vehicle you’re interested in pop in and we’ll be delighted to go through it with you.

Hire Purchase (HP)

• Available on all cars.
• Flexible Deposit.
• Flexible Term.
• Ownership at end of agreement.

Personal Contract Plan (PCP)

• Guaranteed Vehicle Value at the end of agreement.
• Lower monthly payments.
• Keep it, Upgrade or give back at end of agreement.