Owning the car you have always wanted usually requires some form of finance arrangement so, at Lloyd Approved, we have flexible finance solutions which can be tailored to meet your exact requirements.
We welcome quality vehicles in part-exchange, which can be used to cover all or part of your new vehicle’s deposit should you desire.
Personal Contract Purchase
The most popular finance solution, PCP enables us to work with you to tailor the deposit and monthly payments to your needs with a proportion of the vehicle’s final value left to pay at the end of the agreement, when you have the choice to:
- Pay the GMFV and own your used car outright.
- Return your car at no extra charge (subject to vehicle condition and contracted mileage).
- Part-exchange your car for another used or new one.
Similar to PCP, this method again involves a tailored deposit, but, rather than deferring a larger payment to the end of the agreement, you pay off the full value of the vehicle over the term of the agreement, making you the outright owner at the end of the contract.
Finance packages are subject to status and terms and conditions apply. Lloyd Motors Ltd is authorised and regulated by the Financial Conduct Authority (FRN 308524).