Not many of us have thousands of pounds burning a hole in our back pockets, so affordable finance options are available from Barnard & Brough to help you run the Nissan you want.
We can work out a deal that’s perfect for you. Fixed monthly payments mean you can budget for your car just like the rest of your household bills.
There are several different ways to finance your new Nissan from Barnard & Brough:
Hire Purchase allows you to split the cost of your new car over a fixed number of monthly installments.
Simply tell us how much you want to pay as a deposit, and we’ll split the remaining balance (plus any interest) over a fixed period, based on what you can afford. At the end of the agreement, you’ll own the car outright.
A personal contract plan (PCP) is simple.
You specify your deposit and annual mileage. Then we calculate your monthly repayments for the duration of your agreement, plus a larger (optional) final payment.
At the end of the agreement, you can do one of three things:
1.Start a new PCP plan on a new Nissan, using the difference between the value of your car and your optional final payment (the ‘equity’) as the deposit.
2.Hand the car back and walk away, so long as it’s in good condition and is within your mileage agreement.
3.Pay the optional final payment and keep the car for as long as you want it.
Lease Purchase is a sort of hybrid between Hire Purchase and PCP, and is available for businesses.
You put down a deposit and make a fixed monthly payment, with a large balloon payment at the end of the agreement. The balloon payment is agreed with you before the contract starts, and can be increased to reduce your monthly payments.
At the end of the agreement, you can pay the balloon payment (and own the car) or choose a new car, using any equity towards the new deposit.
It’s a purchase plan, so payments are not subject to VAT, and there are no mileage restrictions.
Contract Hire is available to businesses and allows them to take on cars or vans for a set period of time, with a fixed monthly rental. You’ll also need to pay between three and 12 months’ rental up front, as an initial payment.
You won’t own the vehicle, which reduces the financial risk your business is exposed to. The cost of road tax is also included, and you can choose to include servicing, maintenance and tyres to cover all your vehicle costs in one fixed monthly sum. Need to increase your mileage allowance or the length of the contract? You can do that too.
There are other financial benefits to your business by opting to hire a vehicle. Our experts can explain more.
Contact us if you have any questions about our finance plans and would like guidance on the best one for you.