FINANCING YOUR USED CAR

Central Car Clearance is part of the Brindley Garages Group, the largest independent motor dealers in the West Midlands. For over 80 years, Brindley Garages Group has helped their customers drive the car of their choice and sometimes their dreams with cost effective finance solutions. Embracing all current consumer finance regulations we work with a small number of high quality organisations providing affordable finance packages which can be tailored to your needs. We understand that some customers may have had problems obtaining finance in the past, but in conjunction with our finance company partners, we are confident a solution can be found.

Our onsite finance specialists are linked to our partners via the latest technologies, and our processes are designed to ensure a quick, smooth experience is achieved; from getting your finance approved to concluding all paperwork, and you driving your new car. Dealer finance provides additional Consumer Rights that using either a bank loan or cash don’t, and with interest rates fixed at the outset, your monthly instalments will not change during your Hire Purchase agreement. Click here or on any of the cars in our stock to see a representative Example.


How can I finance my vehicle purchase?

CAR FINANCE SOLUTIONS IN THE MIDLANDS

Please see our short video above which explains how this finance product works, and to summarise:- Hire Purchase (HP). , is a flexible finance plan which will spread the cost of acquiring your car over 24 to 60 months. Whilst a deposit is normally required, subject to status, our panel of lenders will advance up to 100% of the purchase price of your car. At the end of the agreement, assuming all repayments have been made the car is yours on payment of a £10 Option to Purchase Fee. The plans themselves are flexible, and able to have either Full or Partial settlements made at any point during the agreement.

GAP Cover

Available on any Used cars up to 7 years old. Your new car is likely to be (after your house) the second most valuable asset you will acquire. Motoring law requires that your car is insured, and assuming you will have and maintain Comprehensive Cover; what if due to accident, fire, flood or theft your motor insurance company declares your vehicle a write-off? The insurance company would pay out a ‘fair market value’ as at the time of the Total Loss and NOT the original vehicle cost.

If you did use a finance plan to acquire the vehicle, the settlement figure required by the finance company could in fact be higher than the original invoice value. Combined GAP/RTI will pay out the higher of the difference between the insurance company market value payout and either the original invoice amount* or the finance company settlement figure. This puts you back in a position to acquire a replacement car of similar/same value. One upfront premium will cover between 2 and 4 years

*(includes up to £1500 of manufacturer approved extras, £250 of any insurance excess, but excludes New vehicle Registration fee, fuel, paintwork and/or upholstery protection products, insurance premiums including the premium for this product and any negative equity)

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