Buying a car, be it a new or used vehicle, is often considered the second biggest purchase in our lives after a house. In a bid to make that large investment easier to manage and afford, Yeomans offers a number of flexible finance packages to suit all kinds of budgets and lifestyles. These packages are available across all of our manufacturers, and prove to be a popular choice among our customers.
With Yeomans, there’s the ability to choose how your new purchase is funded. Both Hire Purchase and Personal Contract Purchase packages are on offer for added flexibility.
What is Hire Purchase?
Hire Purchase is an easy to understand and simple approach to financing a new vehicle, and often proves to be cheaper than other types of loans. Once a term length that can be tailored to your budget is agreed, a small deposit will then be taken ahead of you taking delivery of your new vehicle. Once the full outstanding amount has been repaid on the car, it’s yours to keep.
What is Personal Contract Purchase?
When opting for a Personal Contract Purchase, you have the flexibility of what happens with the car at the end of the agreement as well as well-valued monthly payments. Once a deposit is placed, fixed monthly payments will be taken over an agreed time frame until all that remains is an optional final payment of an amount that is agreed at the start of the contract. At this stage, you can opt to pay the full amount to take ownership of the vehicle or return the car and set up a plan for a new vehicle.
Both options are designed with the goal of making the most out of your budget, and allow for a wide range of high specification models to be purchased without having to face a costly and unaffordable lump sum. Our expert team will be able to guide you through the benefits of each option and help you find the right plan to suit your needs and budget.
For more information on our finance packages, get in touch with Yeomans Toyota online using our live chat service. Alternatively, contact your local dealership, with locations in Brighton (01273894326), Eastbourne (01323407347) and Worthing (01903254973).