Used Car Finance in Middlesbrough
Exploring used car finance in Middlesbrough offers a flexible way to purchase your next vehicle. With various financing options available, you can find a plan that suits your budget, allowing you to spread the cost over time. Visit Embleton Motor Company Limited to discover competitive finance deals tailored to your needs.
Typical Representative Finance Example
| Product Hire Purchase | Cash Price £8,395.00 |
| Total Deposit £839.50 | Total Amount of Credit £7,555.50 |
| First Payment £175.57 | 58 Monthly Payments £175.57 |
| Final Payment £185.57 | Agreement Duration 60 months |
| Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £2,988.70 | Total Amount Payable £11,383.70 |
| Annual Fixed Interest Rate 7.88% | Representative APR 14.90% |
| Product Hire Purchase | Cash Price £8,395.00 | Total Deposit £839.50 | Total Amount of Credit £7,555.50 | First Payment £175.57 |
| 58 Monthly Payments £175.57 | Final Payment £185.57 | Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 |
| Interest Charges £2,988.70 | Total Amount Payable £11,383.70 | Annual Fixed Interest Rate 7.88% | Representative APR 14.90% |
| Product Hire Purchase | Cash Price £8,395.00 | Total Deposit £839.50 | Total Amount of Credit £7,555.50 | First Payment £175.57 | 58 Monthly Payments £175.57 | Final Payment £185.57 |
| Agreement Duration 60 months | Admin Fee £0.00 | Option to Purchase Fee £10.00 | Interest Charges £2,988.70 | Total Amount Payable £11,383.70 | Annual Fixed Interest Rate 7.88% | Representative APR 14.90% |
What Finance Options Are Available For Purchasing Used Cars In Middlesbrough?
We offer a variety of finance options including Hire Purchase (HP) and Personal Contract Purchase (PCP) to suit different budgets and preferences. Our finance experts are on hand to guide you through each option to find the best one for your circumstances.
Can I Apply For Car Finance If I Have A Poor Credit History?
Yes, you can still apply for car finance with a poor credit history. We work with several lenders who specialise in providing finance to individuals with various credit backgrounds. We encourage you to discuss your specific situation with our finance team who can advise on the most suitable options.
What Documents Do I Need To Provide When Applying For Car Finance?
Typically, you will need to provide proof of identity (such as a passport or driving licence), proof of address (like a recent utility bill or bank statement), and proof of income (such as recent payslips or bank statements). Additional documents may be required depending on your specific circumstances.
How Long Does The Finance Approval Process Take?
The finance approval process can vary, but we aim to make it as quick as possible. In most cases, we can provide a decision within 24 to 48 hours after you have submitted all the necessary documentation.
Can I Use A Part Exchange As A Deposit For My Finance Deal?
Absolutely, we gladly accept part exchanges as a deposit towards your next car purchase. We will assess the value of your current vehicle and this amount can be put towards the deposit on your new car, potentially lowering your monthly payments.
Are There Any Restrictions On The Cars I Can Purchase With Finance?
Generally, there are no specific restrictions on the cars you can purchase with finance from us. We offer a wide range of used cars in Middlesbrough, including electric, family, hot hatch, hybrid, and SUV cars. However, the final approval of finance may depend on the age and condition of the car you choose.
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