Terms & Conditions
T&Cs apply. Subject to status. 18s and over. Guarantee may be required. Santander Consumer Finance RH1 1SR. This quotation, available through Santander Consumer Finance, is valid for 14 days from 29/08/2019. This is not a personal quotation and does not commit Santander Consumer Finance to enter into an agreement with you. Be sure you can afford the repayments before entering into a credit agreement. Santander Consumer (UK) PLC t/a Santander Consumer Finance is authorised and regulated by the Financial Conduct Authority in respect of agreements regulated by the Consumer Credit Act 1974 and for general insurance mediation activity. Authority under firm reference number is 444327. At the end of the agreement there are 3 options: (i) Part exchange the vehicle. (ii) Pay the Optional Final Payment to own the vehicle or (iii) Return the vehicle. Further charges may be made subject to the condition or mileage of the vehicle.
Why Motor Finance?
Taking out motor finance means you don't have to pay the entire cost of the vehicle in full before you drive it away. This is because the finance company purchases the vehicle on your behalf and then you repay the amount borrowed with interest. And so instead of paying the full amount upfront, you can choose to pay monthly, which helps you spread the cost of a new or used vehicle.
There are different types of finance products available to suit your personal circumstances and each work slightly differently.
About Personal Contract Purchase
A Personal Contract Purchase is a flexible and popular choice, as you can keep your monthly repayments lower by deferring a significant proportion of the amount of credit to the final payment at the end of the agreement. This means you may be able to afford a better vehicle than you thought possible.
At the start of the agreement the finance company sets a guaranteed future value (GFV) for your vehicle. You pay a deposit and then make the monthly repayments on the balance of the loan, plus the interest charges, minus the guaranteed future value. At the end of the agreement you have three options:
Pay the guaranteed future value and the vehicle is yours, or
Hand back the vehicle with nothing more to pay, or
Part exchange the vehicle and use any equity as a deposit on your next vehicle.
We recommend viewing the product video for further information on this finance product.
This product is ideal if you:
Want the choice to purchase a more expensive vehicle with a lower monthly payment than a traditional hire purchase agreement.
Like to change your vehicle frequently and drive the latest models.
Want to budget and stick to a fixed monthly amount, as your repayments will be fixed for the term of your agreement.
Want a guaranteed future value for your vehicle at the end of the agreement.
Are looking for a new or used vehicle, as the product is applicable to both.
Think you may want to settle your agreement early and part exchange the vehicle for a newer model.
Things you need to know:
A significant proportion of the credit is deferred to the end of the agreement, so you should budget for this if you want to own the vehicle.
You set your expected annual mileage and this affects your monthly repayments and also the guaranteed future value. If you go over the expected mileage then excess charges will apply.
Additional charges will also apply if you hand back the vehicle in a poor condition.
You cannot sell or give the vehicle away until you have made all repayments under the agreement.
Your vehicle is at risk of repossession if you do not make the contractual repayments.
And finally...
You must be at least 18 years of age to apply.
You must have fully comprehensive insurance.
You must be the registered keeper of the vehicle and keep it in your possession for the term of the agreement. You cannot obtain motor finance in your name for someone else.
HP (Hire Purchase)
Monthly Payments:
Customer Deposit:
Dealer Contribution:
APR:
Fixed Rate Of Interest:
Option To Purchase Fee:
£1
Total Price:
£4594.00
Amount Of Credit:
Terms:
Total Amount Payable:
Terms & Conditions
Cash Price £4594.00. Total Deposit . Total Amount of Credit . Payments of . Duration of Agreement is . Fees of £1.00 are included in the payments shown. Total Amount Payable is . Annual Fixed Interest Rate of %. Actual rate will be adjusted to include the deferred final payment. APR %.
Finance is provided by Motonovo Finance, One Central Square, Cardiff, CF10 1FS. This is not a commitment to lend and applications are subject to an underwriting decision.
MotoNovo Finance limited. Registered in Wales under Company No 11556144. Registered Office: One Central Square, Cardiff, Wales, United Kingdom, CF10 1FS. Authorised and regulated by the Financial Conduct Authority. Indemnities may be required in certain circumstances. Finance is only available to UK residents aged 18 or over, subject to status.Terms and Conditions apply. On a PCP product you do not have to pay the Final Payment ONLY if you return the vehicle at the end of the agreement, you have paid all other amounts due, the vehicle is in good condition and has been serviced in accordance with the service book. Excess Mileage charges may apply along with other terms and conditions, which will be contained within the finance agreement.
Why Motor Finance?
Taking out motor finance means you don't have to pay the entire cost of the vehicle in full before you drive it away. This is because the finance company purchases the vehicle on your behalf and then you repay the amount borrowed with interest. And so instead of paying the full amount upfront, you can choose to pay monthly, which helps you spread the cost of a new or used vehicle.
There are different types of finance products available to suit your personal circumstances and each work slightly differently.
About Hire Purchase
A Hire Purchase agreement could help you buy the vehicle of your dreams by spreading the cost over an agreed term. You will pay an initial deposit, sign the agreement documents then you’re free to drive away your new vehicle. After you’ve made all the agreed monthly payments the vehicle is yours.
We recommend viewing the product video for further information on this finance product.
This product is ideal if you:
Want to own the vehicle outright at the end of the loan agreement.
Want to budget and stick to a fixed monthly amount, as your repayments will be fixed for the term of your agreement.
Want to set the term agreement between 1 and 5 years, as the choice is yours.
Are looking for a new or used vehicle, as the product is applicable to both.
Think you may pay the full agreement early, as you will get a rebate on any future interest payment.
Things you need to know:
You have protection under the Consumer Credit Act Termination Rights and protection under the Consumer Rights Act.
Your vehicle is at risk of repossession if you do not make the contractual repayments.
You have no protection against depreciation as a result of an unexpected fall in the value of the vehicle.
You cannot sell or give the vehicle away until you have made all repayments under the agreement.
And finally...
You must be at least 18 years of age to apply.
You must have fully comprehensive insurance.
You must be the registered keeper of the vehicle and keep it in your possession for the term of the agreement. You cannot obtain motor finance in your name for someone else.
We at Wigan Yamaha Centre or one of our partners can buy your old motorcycle or scooter at the best price. We will contact you after receiving the completed form.
