Your Questions Answered...
Personal Contract Purchase and Lease Purchase are very similar products, a full product description about both products can be found in the Finance Products section of our website.
Can I still use Capital Car Finance PCP and Lease purchase products if I have already agreed to purchase my car from my own preferred dealer?
Depending on the severity of your credit profile, we may have lenders that can help you, please bear in mind that the interest rate offered by our lender is based on your credit profile and score, so unfortunately this is something we have no control as they offer a “Rate for Risk” policy.
You will need to provide some proofs when you return your signed finance agreement, these are normally a copy of your driving license and a recent utility bill dated within the last 90 days, if there are any additional proofs required, we will advise you at the time of acceptance.
How long does the payout process take to complete after I have returned my completed documents and proofs back to you?
All our PCP and Lease Purchase finance agreements have no full term lock-in or tie-in to the lender, customers can settle early if they wish, by simply obtaining a settlement from the lender whenever they like.
Absolutely not, warranty is provided by the manufacturer not the dealer and therefore it is exactly the same regardless of which finance route you take.
All our consumer finance agreements are regulated by the FCA, you can pay a lump sum payments off your loan at any time throughout the agreement, which will either reduce the balance outstanding or reduce your monthly payment, whichever is preferred at the time. There is no limit as to the number of times you can do this, however this facility is NOT available for business customers.