Personal Finance

All Rybrook dealerships have a dedicated and fully trained finance specialist on hand to give advice on a variety of finance products available and ensure that the most cost effective solution is identified for you. Some of the more popular options are listed below. Click on each one for more details. You can also visit our finance for business users page to find out more.

Hire Purchase
Personal Contract Purchase (PCP)

Hire Purchase

What is it?
Hire Purchase is an agreement to hire a vehicle for a fixed period and to take ownership of the vehicle when the final payment is made.

How does it work?
With Hire Purchase you pay a deposit to suit your budget and then the balance (including interest) is split over an agreed period, normally between 12 & 60 months, and paid monthly. Full ownership of the vehicle is transferred to you once the final monthly payment has been made.*

What are the benefits?

• You pay a fixed re-payment with fixed interest rates over an agreed period
• Payment terms are quick and easy to arrange and can be set up to suit most budgets
• The initial deposit can be low
• You own the vehicle at the end of the agreement once all payments have been made

*An Administration Fee with 1st payment and Option to Purchase Fee with final payment may be applicable. The above facilities are available subject to status; a full written quotation is available upon request. Only available to individuals over the age of 18 and a guarantee may be required.
The above information is provided as a guide only, please ask for full details.

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Personal Contract Purchase (PCP)

What is PCP?
PCP is an easy and secure way of driving your ideal car whether it be new or used. With affordable monthly payments, the deposit of your choice and a guaranteed option to increase the deposit on your next vehicle, PCP is seen as the payment method for the future.

How does it work?
You choose your ideal car in the normal way. The value of the car at the end of the agreement will be calculated and you will be given this figure as the Guaranteed Future Value (GFV). This guaranteed Future Value is then deducted from the total cost of the car and monthly payments are calculated on the balance plus interest on the amount borrowed.

At the end of the agreement you have three options:

• Change your car for another one from any Rybrook Holdings dealership*
• Hand the car back with no more to pay - even if used car prices have fallen**
• Pay off the Guaranteed Future Value and own the car outright

*subject to the customer settling the agreement by paying the final optional payment and availability.
**subject to the mileage not exceeding the amount agreed at the beginning of the agreement and subject to the vehicle being returned in a condition reasonable for it's age and mileage.
The above information is provided as a guide only, please ask for full details.

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