At Whitewater Finance we pride ourselves on being finance and credit repair specialists. We have access to a large panel of lenders to find the best deal for you.
What type of car finance is right for you? Hire Purchase (HP):
Benefits of Hire Purchase:
Fixed monthly repayments over an agreed period.
You hire the car from the finance company, taking responsibility for it and making monthly payments until you have paid the total amount owed. You are the registered keeper of the vehicle throughout the payment purchase and then at the end of the repayment period, you have the option to take ownership of the car.
As you’ve paid off the cost of the car by this point, all you pay is a small option to purchase fee. This could be anything from £1 – £299+.
Fixed monthly repayments throughout plan 12-60 months
Admin fee to own car or return it
Pay an optional deposit
Fixed monthly repayments throughout plan 12-60 months
Balloon payment or option to return (subject to mileage and condition
Personal Contract Purchase (PCP):
Benefits of Personal Contract Purchase:
No need to worry about depreciation
Lower monthly installments for a better car.
With PCP you are only paying for part of the total amount due and have the choice to return the car at the end of your repayment period. You still pay monthly instalments to the finance company as with other forms of credit, but at the end of the repayment period, you can pay a lump sum, (commonly known as a balloon payment) which will be higher than the monthly repayments you have been making.
PCP enables you to pay less each month for a car of the same value than you would with a traditional HP purchase.
Great service, great communication, great account managers. All round excellent service. 10/10.
The guy I was dealing with, Phillip, was just fantastic! Bit of complication with my paper work, but helped me work round it, kept me in the loop at all times, and helped me get the car I wanted. Top service, give that man a pay rise!!!
Totally amazing service. Lovely advisors and fast service. Would recommend to anyone needing car finance. Thank you.
Such a great company I would recommend the lovely team of staff, who may I say know how to have a laugh too. I’m so grateful for their help, more so a great big thank you to Luke who was the person who helped me step by step through everything. Great job Luke.
Extra helpful staff, especially Phillip. Fully committed to getting positive results and excellent customer service. I would highly recommend 'Whitewater Vehicle Solutions'. A big thank you for getting the car of my dreams :-)
