Used car finance
in Clackmannan
We are FCA approved and can accept finance from all UK Lenders
Discover flexible and affordable car finance options at Alloa Road Motors LTD. We've partnered with Connected Car Finance to offer a range of tailored finance packages to suit every budget and lifestyle. Whether you're looking for a used car or need help with car finance deals, our expert team is here to guide you through the process.
Enjoy the benefits of our car finance solutions, including:
Competitive interest rates: Save money on your monthly repayments.Flexible repayment terms: Choose a plan that suits your financial situation.
Quick and easy application process: Get approved fast.
No hidden fees: Transparent pricing for peace of mind.
We believe in making car finance accessible to everyone, which is why we offer a variety of options, including hire purchase, personal contract purchase (PCP), and car finance deals. Our partnership with Connected Car Finance allows us to provide a wider range of finance solutions to meet your specific needs.
Visit our dealership in Alloa or contact us today to discuss your car finance options. Our friendly team is committed to helping you find the perfect car and the best finance deal to match.
Hire Purchase (HP)
Hire purchase is a simple form of car finance. Either by using a cash deposit, your existing car as a deposit or even no deposit.
You pay for the car in fixed monthly instalments over a pre-agreed contract - from 12 to 60 months - during which time you have full use of the car. Once the contract is complete, you own your car outright.
Here we work with many trusted, industry leading, multi-award winning finance partners who specialise in providing highly competitive vehicle finance packages. We can tailor a finance agreement for you regardless of whether you are a private, individual or a business-user.
Financing the purchase of your new car can be arranged quickly and easily with our in-house team of Finance Specialists using a panel of lenders such as Black Horse Motor Finance, MotorNova and many more, with very competitive rates. The application process is simple and a decision can be given almost instantly regardless of your credit history.
Features and Benefits
- Fixed monthly repayments
- Low Deposit
- Ownership of Car
- Budget with confidence
- Freedom, no mileage restrictions
- Ability to settle the loan early
Personal Contract Purchase (PCP)
Similar to a Hire Purchase agreement but with additional flexibility since part of the cost is deferred until the end of the agreement which may give you the benefit of lower monthly payments. The deferred amount is known as the Guaranteed Future Value (GFV) sometimes known as Optional Final Payment.
What happens next?
At the end of your PCP agreement, you then have a number of options.
- Option 1 - Part-exchange your vehicle-use any equity above the Guaranteed Minimum Future Value as an initial deposit on your next purchase.
- Option 2 - Keep your vehicle-simply pay the Guaranteed Minimum Future Value to retain ownership.
- Option 3 - Refinance the final balloon payment.
- Option 4 - Return your vehicle and have nothing further to pay, subject to vehicle condition and within the agreed mileage terms. (Subject to terms and conditions).
Features and Benefits
- Flexible deposit
- Low fixed monthly payments
- The choice at the end of the agreement
- No need to worry about depreciation
- Potential lower payments than a standard HP agreement or Conditional Sale