Used Car Finance

At Ayaan Motors, we keep our prices competitive to make our elegant range of sports, luxury and prestige cars as affordable as possible. Taking out a finance agreement is a popular way, and we will make the buying process as simple as possible for you.

No matter what your current or previous financial situation may be, our sales advisers will be happy to help you towards purchasing a vehicle on finance. As we deal with finance companies every day, we know exactly where to place an application for a successful result. We will work firmly towards your personal budget and often help you save money!

You pay an initial deposit and spread the remaining cost of the vehicle over a series of fixed monthly payments. By the end of the agreement, you would have paid the total cost of the car plus a rate of interest on the loan.

We are fully equipped to assist you in financing your new sports & prestige car. Our specialist sales advisers can explain the various types of finance agreement and help you choose the best option for your circumstances.

When you select from our high-quality used car range, you can adjust the length of time that you want to spread the cost over. You can specify the proportion of the total cost that you can afford to pay as a deposit, and the annual mileage that you expect to cover in your car. This flexibility gives you complete control over financing your car. You can also adjust the preferred terms and deposit of your agreement on our search function, to give you an idea of what you might be able to afford.

If you are interested in used car finance options at Ayaan Motors, you can ask any of our sales advisers for assistance. They will be happy to explain the various options available and make recommendations based on your individual requirements. You can also arrange an appointment today by enquiring online via the contact form on our website or by phoning our dealership in West Bromwich, West Midlands.

WHAT IS HIRE PURCHASE (HP)?

As part of our comprehensive and flexible finance packages, we offer Hire Purchase facilities on the majority of our vehicles. The primary benefit of Hire Purchase is that the payments made towards your vehicle are broken down into convenient monthly instalments, allowing you to budget in a more effective manner.

Fixed interest rates are applied to the monthly payments, so you never have to deal with any unexpected costs. We will work out a contract with you at the beginning of the process, and the financial costs will remain the same for the duration of the agreement, following an agreed-upon initial deposit. We also give you flexibility in the duration of the Hire Purchase contract - usually between one and five years. After you have made your final payment with us, the car is yours to own.

WHAT IS PERSONAL CONTRACT PURCHASE (PCP)?

An effective method of payment is the Personal Contract Purchase. It allows for a much smaller monthly payment for easy budgeting. This is because Personal Contract Purchase payments are related to the depreciation value of the vehicle, rather than the full value of the car. At the end of the Personal Contract Purchase, a balloon payment will be required.

Once this has been made, the motorist has several options: return the car to the dealership, pay the outstanding balance on the value of the car, or part exchange the vehicle for a different vehicle entirely. Personal Contract Purchase is a simple and effective way to purchase a new car on a regular basis in an affordable manner. It is also possible for the Personal Contract Purchase agreement to be settled early if desired, although there may be an additional cost involved in this.