Need to finance you next car? Or maybe a commercial vehicle? We can help!
Need a new car? Can’t afford it all at once? Bad credit? CCJs? Armed Forces?
Here at Automotion motor company ltd we want to help customers get the best deal possible, this is why we can help get you a finance deal at a cost you can afford no matter what your credit history. Our company is registered and regulated by the FCA (financial credit authority) fca authorisation number 724731 enabling us to find you finance that is catered to your needs. With over 20 years’ experience working in the motor trade our team are dedicated to finding you the perfect finance deal enabling you to drive away a car or commercial vehicle you thought you could never afford. We work in partnership with many high street lenders and companies specialising in vehicle finance allowing you to choose a solution that is best suited to you. Bad Credit? CCJS? Self- employed? Poor Credit history? Not a problem we work closely with specialist lenders that may be able to offer you a deal to suit your budget and affordability.
Finance your next vehicle over a period of 12-60 months, finance rates & APR depend on individual credit status and your finance agreement. Why not try our calculator to give you an idea how much it could cost you to drive away one of our fine motors. Or give us a call on 01912680602, we are here to help.
What is a credit agreement?
Basically a legal binding document between you (the customer) and the finance company. It will include the loan amount, rate of interest, other charges, the term, and your rights and responsibilities for the duration of the agreement. You will receive a copy of the agreement that will need to be signed by you.
Credit score or rating explained…
A credit score is a tool used by lenders to help determine whether you qualify for a particular finance, credit card, loan, mortgage or service. Your score determines the risk to the lenders, if you currently keep up with payments you are more than likely to get a better finance rate. If you have missed payments or have CCJs you may still be offered finance but at a higher rate as you’re seen to be a higher risk. Getting additional credit can affect your credit score in different ways, keeping up with payments can increase your credit rating, and missed payment can decrease you rating. If you have a poor credit score buying your next vehicle on finance could help rebuild your credit rating as long you can keep up with monthly payments. Automotion Motor Company Ltd strongly suggest that customers wishing to take out finance can afford repayments, as missed payments can lead to financial difficulties, debt and CCJs.
Automotion motor company ltd use lenders that offer finance with very low or no deposit to customers wishing to take out vehicles on finance. You can even use your old car as full deposit. Deposits aren’t always required by finance company lenders but are required by us Automotion Motor company ltd to secure vehicles whilst waiting on a finance agreement. Deposits will be refunded on completion of the vehicle purchase.