Vehicle Finance at Eastwood Motors
Please take a look at our videos and finance product descriptions below, these explain the different finance products we offer here at Eastwood 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)
A hassle-free approach to vehicle finance. 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.
Terms and Conditions:
Desmond Eastwood Motors Ltd is Authorised and Regulated by the Financial Conduct Authority (Firm Registration number 681747). The company is licensed as a credit broker, not a lender. We are not an independent financial adviser and so unable to provide you with independent financial advice.
Finance Subject to status. Other offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. Desmond Eastwood Motors Ltd - 197 Moira Road, Lisburn, County Antrim, BT28 2SN. Companies House Number: NI035832
We do not charge you a fee for our services. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). A customer may ask for commission disclosure at any time from our initial discussions through to the point when their agreement is set live.