Finance

As you would expect, Hollis Motors can offer you the full range of financial products to make buying and maintaining your new vehicle as simple as possible. The links below will assist you in selecting the best method to purchase your new or used vehicle, without the need to reduce your capital or visit your bank.

(PCP) Personal Contract Purchase

PCP is designed to provide an affordable route to drive away a new or used car every two or three years.

PCP defers an element of your car's value to the end of the agreement thus giving you lower monthly payments, which means that you can either drive a better car or pay less per month than typical hire purchase.

At the end of the agreement you then have three alternatives:

• Part exchange your car for a new model using any equity as the deposit.
• Pay the deferred value and keep the car.
• Hand back the car with nothing more to pay.

Benefits

• Reduced and bespoke monthly payments.
• Available on new and used cars (used - up to 42 months old at start of contract and 66 months old at end of contract).
• Flexibility at end of agreement with three alternatives.
• Guaranteed minimum value of car set at start of agreement.
• Inflation proof payment.

The above points are guidelines, therefore should you require additional assistance or a bespoke quotation please do not hesitate to contact us.

Hire Purchase

A hassle free way to pay off your car. This is the traditional and most frequently chosen option for purchasing a vehicle.

Hire Purchase offers, subject to status, a range of deposits from as little as £99 and range of payment periods from 12 to 60 months.

At the end of the period you own the vehicle outright, however you can settle the agreement in full at any point during the term.

Benefits

• Fixed rate of interest.
• Inflation proof payment.
• Available for both new and used vehicles.
• Outright ownership at end of agreement.

The above points are guidelines, therefore should you require additional assistance or a bespoke quotation please do not hesitate to contact us.

Personal Contract Hire

Personal Contract Hire provides the use of a vehicle at a fixed monthly cost, with the option to also include servicing and maintenance. This makes budgeting extremely easy.

Personal Contract Hire is available on both new and used vehicles.

After paying an initial rental (usually 3 or 6 months) and agreeing a contract period (usually between 24 and 48 months), your monthly payments are calculated according to vehicle value, agreed annual mileage and your choice of service and maintenance options.

Benefits

• Fixed rate of interest.
• Inflation proof payment.
• Available for both new and used vehicles.
• Use without ownership.
• No vehicle disposal risk.

The above points are guidelines, therefore should you require additional assistance or a bespoke quotation please do not hesitate to contact us.

Fixed Cost Maintenance

Whether you are a private customer or business user and whether you utilise our finance options or not, we can still offer you a tailored package to provide all of your service and maintenance requirements for a fixed, inflation-proof, monthly payment.

GAP Insurance

Gap is a return-to-invoice insurance policy, which in the event of a total loss claim, covers the difference between the amount paid by your insurance company and the cash price that you paid for your vehicle up to a maximum £15,000 difference. This cover is available irrespective of how you pay for your vehicle and will help you to replace it to the same or similar specification.

Should you require additional assistance or a bespoke quotation on any of the above products please do not hesitate to contact us.