Finance
Vehicle Finance at Flora Motors Limited
Please take a look at our videos and finance product descriptions below, these explain the different finance products we offer here at Flora Motors, if you require any further information please do not hesitate to contact our sales team who are here to help
Hire Purchase (HP)
You pay a deposit and pay off the value of the car in monthly instalments, with the loan being secured against the car. This means you don't own the vehicle until the last payment is made.
Personal Contract Purchase (PCP)
This is the most popular way to finance a car and is essentially a long-term loan agreement. Monthly repayments tend to be lower and at the end of the term, you have a few options:
- Return the car
- Pay the ‘balloon’ payment and go on to own the vehicle
- Put the resale value of the car towards getting another car (this is ideal if you like to change your car every few years)
Personal Contract Hire (PCH)
This type of finance is a long-term lease of up to 4 years where you simply return the car at the end. It means there is no obligation at the end of the contract – you walk away and start again.
Flora Motors Limited - Registered Office: Lakeside Garage, Helston, Cornwall, TR13 0RA - Registered in England No. 00978990 - VAT No. 132490293
Flora Motors Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender.
We can introduce you to a limited number of finance providers. We do not charge fees for our Consumer Credit services. We may receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered.
All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required