FAQ's - About Payment profiles

ARRRGH – Nightmare area – the trade is awful for this, and YOU need to be very careful to make sure you are comparing apples with apples.

Often you will see an ad for what seems to be a very low rental, and it probably is a very low MONTHLY rental – However the deposit is probably HUGE!! You know the sort, drive this Ferrari for £99 a month! Then look at the small print to find you need to put down a £100,000 deposit, then a final (balloon) payment of £50,000. Not so cheap then is it!

We ALWAYS make it clear what the quote terms are. Sometimes we may have to vary the payment profile if the finance company requires a higher deposit. Very simply if we need more deposit the monthly rental will come down, and vice versa if we are able to offer a smaller deposit than the regular three months following finance proposal acceptance.

Sometimes a specific £ deposit amount is quoted, or dealers will use the trade in value of your used car- beware the hidden costs!

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