Finance Guide To Buying Your Next New Car

Nissan Finance

What finance options do I have with my new Nissan?

PCP (Personal Contract Plan)

The most popular way to fund your new vehicle with monthly payments. Fixed monthly payments to suit you with an array of flexible choices.

HP (Hire Purchase)

The classic way to finance your vehicle. With HP,each month you pay off the cost of the vehicle with interest. Hire Purchase is the ideal finance choice if you want to own your car at the end of the agreement.

PCH (Personal Contract Hire)

A form of vehicle leasing; allowing you to take out a vehicle for a set period of time, you pay an initial rental payment with fixed monthly payments. At the end of the agreement you do not own the vehicle and must be returned to the dealership.

What happens at the end of the PCP agreement?

Option 1 - Drive away a new Nissan

If the vehicle is worth more than the Optional Final Payment amount, you could part exchange your vehicle by putting the difference towards a deposit on a new Nissan.

Option 2 - Return your Nissan

Simply return your Nissan in good condition, within the agreed mileage limits, and pay nothing.

Option 3 - Keep your Nissan

Pay the Optional Final Payment and be transferred ownership of the vehicle.

Benefits of HP
  • The interest rate charged on the finance will remain unaffected by any future changes in interest rates.

  • The initial payment is flexible.

  • Agreements can range from 12 to 60 months

  • The higher your deposit, the less interest you will pay.

What happens at the end of the HP agreement?

After all payments have been made (including the Option to Purchase Fee), ownership of the vehicle is transferred to you.

Site and contents © West Way Nissan Authorised and regulated by the FCA Ref No. 311404 Site built by The Whole Caboodle.
Aprite (GB) Limited is a limited liability company registered in England and Wales under number 3261643 with its registered office at The Rivers Office Park, Denham Way, Maple Cross, Rickmansworth, Hertfordshire WD3 9YS. For the purpose of insurance mediation & consumer credit activity Aprite (GB) Limited, trading as West Way Nissan, is authorised and regulated by the Financial Conduct Authority Ref No. 311404.

© Website By The Whole Caboodle
Chat
Contact Us