Finance Specialists

If you are looking to finance your car in Ayr, then we can help you at Elmbank Motor Company. We have years of experience in car finance and will work with you to make sure you understand all the details as well as being confident that it is the right choice for you.

We work with different finance types and here is an overview of the most popular ones for you..

Personal contract purchase

Personal contract purchase, often referred to as PCP, is a very popular type of car finance. Typically you pay a deposit at the start of the agreement and then you will have a set number of months with regular payments. At the end of the term, you will normally have a few different options which could include; handing the car back to the finance company, paying a balloon payment which will let you own the car, or using it as a deposit towards your next vehicle.

Hire purchase

Hire purchase is often displayed as HP and is quite similar to personal contract purchase. However, there are a few differences. The monthly payments are normally larger because at the end of the agreement you will own the car. There may be a small amount to pay at the end of the agreement but this will have been detailed out from the start so there will be no nasty surprises.

Bad credit car finance

Bad credit car finance is a kind of finance which is sometimes available to those with poor credit or finance troubles in their past. It is always worth enquiring to see what your chances are of getting finance, even if you have been refused for it in the past.

If you would like to find out more about car finance, we would encourage you to get in touch with us at Elmbank Motor Company and we can go through the options with you and see how we can help.

2 Minute Application

Complete our simple-to-use online form below and once submitted, we will get back to you as soon as possible.