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Your Car... Your Finance... Your Way

Finance Made Easy

We know that buying a car is one of the most expensive purchases you will make, and we understand that choosing the best way to make motoring more affordable can be very confusing. With this in mind, we decided to make the different options available as clear as possible, so you can purchase your next vehicle with confidence! 

Each of our dealerships has a dedicated Business Manager who can talk you through the different options when you are ready to discuss finances, meaning you can work out a payment solution that is tailor made, just for you!

So, what are the options?

Personal Contract Purchase (PCP)

This is the most popular solution for financing your new or used vehicle with a flexible solution. The process begins with your Business Manager calculating the Optional Final Payment for the car you wish to purchase. This is the guaranteed value of your vehicle at the end of the agreement. Once this has been decided we will calculate your monthly payments based on the amount of deposit you have and the current offer interest rates. This means that your monthly payments will be as low as possible based on your affordability, deposit and optional final payment. PCP agreements are typically 12-48 month agreements.

The agreement has three stages - Deposit - Monthly Payments - Optional Final Payment

You may be wondering why the Final Payment is "Optional", well that's because you have 3 options at the end of the agreement!

Option 1

Change your car for a new one!

You can part-exchange your car at any of our dealerships, where the Sales Manager will value your car. If your car is worth more than the Optional Final Payment, you can use the difference as a deposit for your new vehicle. Plus, if you stay with the same brand you will be eligible for the loyalty offers such as extra deposit contribution!

Option 2

Keep the Car

If you would like to keep your car, you can just pay the Optional Final Payment. There are two options here:
- Pay one lump sum
- Re-finance the balance, your Business Manager will help you with this.

Option 3

Give The Car Back

You can simply return the car. If the car is worth more than the Optional Final Payment, the difference is yours. The mileage and condition of the car will be assessed and if you have exceeded the original agreed mileage limit or the car is in need of repairs (other than routine wear and tear), then there may be charges, as the vehicle value would have differed from the original agreement.

Hire Purchase (HP)

This method of finance means you just decide how much deposit you have and the period of time you would like to pay the loan back. During this period, the amount you borrow plus the interest are repaid by fixed monthly payments.

The interest is calculated at the beginning of the agreement and remains fixed for the length of the agreement. This means that the amount you owe isn't affected by any future changes in interest rates.

At the end of the agreement, subject to payment of a nominal option to purchase fee, you take outright ownership of the car.

Contract Hire/Personal Contract Hire

Contract Hire agreements are usually taken out by business customers as the payments are regular and VAT efficient. However, there are Personal Contract Hire solutions too. These options include a deposit which is usually 6 months of your monthly payment upfront followed by regular monthly payments over 12-60 months.

The difference between contract hire and hire purchase is that the contract is fixed and therefore you cannot come out of this early, you must pay the regular payments for the duration of the contract.

Benefits of this method are:
- Road Fund Licence (road tax) is included in your single monthly payment
- You can include maintenance packages within your monthly payment
- If you include a maintenance package, the only outgoings for the driver are insurance and fuel
- No residual value risk
- Low initial outlay
- Hire new or used vehicles

For businesses:
- You can reclaim VAT for up to 50% of your monthly payment and up to 100% on the maintenance element
- Claim Hire Rental Tax allowances
- Additional credit line
- Cash flow benefits

Valuation

What our Customers are saying

I would recommend to a friend that they go and see Louis Roche at Ancaster Nissan Penge. He was absolutely fantastic - professional, friendly, and extremely helpful. This place is fantastic and we'll definitely head back to see Louis for our next car.

Mrs S | 20th April 2018

Ancaster Nissan Penge

'We've been coming here for 20-30 years now. We're very happy with them and the service they provide. The manager, Andrew, runs the place very well,'

Miss Bernadette Marjoram | 19th April 2018

Ancaster Nissan Bromley

'I had a pleasant experience, the sales manager and the salesperson that took us out on the test-drive; both brilliant. They were so helpful.'

Mrs Nicola Talbot | 19th April 2018

Ancaster Fiat Catford

I was pleased with Ancaster Nissan Eltham and would recommend them because I felt a valued customer that you look after and I was impressed with the car.

Mrs Janet Purkis | 17th April 2018

Ancaster Nissan Eltham

Ancaster Nissan Shepperton were really helpful and I'd recommend them because salesman was friendly, polite and very efficient.

Mrs Annette Farley | 17th April 2018

Ancaster Nissan Shepperton

The experience at Ancaster Nissan Bromley was fantastic because of the high standard friendly customer services, always ready help with customer enquiry.

Ms Adebimpe Taiwo | 17th April 2018

Ancaster Nissan Bromley

The experience at Ancaster Nissan Shepperton was good because Martin and the team are very personable even the area manager was impressive as he both had to meet and greet customers and do holiday cover for head of sales

Mr R | 17th April 2018

Ancaster Nissan Shepperton

I had a great experience at Ancaster Nissan Slough because the warm welcome we received, the Sales Person (Mr Sumner) was very knowledgeable and considerate of our position. He understood what we wanted and we went through many options to bring away and think...

Mr G | 16th April 2018

Ancaster Nissan Slough

I'd definitely recommend Ancaster Nissan Bromley to friends and family because I found everyone I had contact with to be very helpful and friendly.

Mrs Judith Lills | 16th April 2018

Ancaster Nissan Bromley

Ancaster Fiat Catford were really helpful and I'd recommend them because the gentleman we were dealing with (Nathan) was friendly, gave us good advice, was professional and not pushy; he made us feel relaxed and comfortable. All staff that we had any contact with were friendly and welcoming.

Mrs Rebecca Anderson | 16th April 2018

Ancaster Fiat Catford

I'd recommend Ancaster Fiat Shepperton to a friend because they were friendly helpful and stress free

Mrs Karen Valler | 16th April 2018

Ancaster Fiat Shepperton

The experience at Ancaster Hyundai Croydon was fantastic because lot of feature I can choose and decide what suitable to me before deal for buy the car

Mr Imran Khan | 16th April 2018

Ancaster Hyundai Croydon

Ancaster Nissan Slough were really helpful and I'd recommend them because they are reliable and provide a good quality of service.

Mr Mike Sharrocks | 16th April 2018

Ancaster Nissan Slough

Anita was fabulous and very good at her job! The business manager was also very helpful. I will 100% buy a car when we’re ready!

Miss Gemma Gordon | 16th April 2018

Ancaster Fiat Catford

Ancaster Fiat Catford were great because good customer service. Good follow through. Honest explanation when error was made.All effort to rectify was immediate

Miss Lystra Rampersad-Smith | 16th April 2018

Ancaster Fiat Catford

I'd recommend Ancaster Hyundai Croydon to a friend because the service was very professional and everything was explained before purchasing my vehicle

Mr P | 15th April 2018

Ancaster Hyundai Croydon

Ancaster Nissan Slough were helpful because I feel that I got a good deal and I love the car

Miss Susan Herbert | 15th April 2018

Ancaster Nissan Slough

I'd recommend Ancaster Hyundai Croydon to anyone because this has been the best car purchase experience I personally have had

Mr Peter Dowson | 14th April 2018

Ancaster Hyundai Croydon

because for ones there were no pushy sales men very helpful friendly and very pleasing to do business with them and James Howard was excellent

Mr P | 13th April 2018

Ancaster Nissan Penge

The experience at Ancaster Fiat Dartford was great because they had the car I wanted and the salesperson was great !

Miss Carly Guy | 13th April 2018

Ancaster Fiat Dartford

I'd definitely recommend Ancaster Nissan Eltham because the atmosphere was very welcoming and the sales team were very helpful. They found me the best car suited to my needs.

Mrs Bekere Clark | 13th April 2018

Ancaster Nissan Eltham

I was happy with the service at Ancaster Nissan Eltham because Mr Sanj Paddan was very patient in finding the right car for us. His customer service was brilliant!! Thanks a lot.

Mr Albert Thompson | 13th April 2018

Ancaster Nissan Eltham

The experience at Ancaster Nissan Slough was good because he answered all my questions and seemed very helpful .

Mrs Jean Bentley | 13th April 2018

Ancaster Nissan Slough

The experience at Ancaster Fiat Shepperton was fantastic because Syed Shah Sales Adviser was polite and listened to what I needed with my purchase and provided two cars to choose from and added extra value with insurance and after sales cover. Making my purchase smooth and easy and providing the car I required.

Mrs Lesley Illingworth | 12th April 2018

Ancaster Fiat Shepperton

I had a great experience at Ancaster Nissan South Croydon because of the customer service I was given by the sales person and the sales manager, at no point was I put under any pressure and given as much time as I needed to think through my purchase.

Mr William Bryce | 11th April 2018

Ancaster Nissan South Croydon

Ancaster Nissan Shepperton staff were good because they were able to find exactly the right car for me. I bought my last car from them over 10 years ago and can not fault their excellent service or attention to detail.

Miss W | 11th April 2018

Ancaster Nissan Shepperton

I was happy with the service at Ancaster Hyundai Croydon because I had a great test drive and all the information I needed was given to me during my visit.

Mr Michael Kaldezar | 11th April 2018

Ancaster Hyundai Croydon

Ancaster Fiat Shepperton were really helpful and I'd recommend them because they offered me exactly what I wanted, I got given very useful advice without pushing me to purchase anything I didn@t need.

Mrs Julia Lufkin | 11th April 2018

Ancaster Fiat Shepperton

Ancaster Nissan Eltham were really helpful and I'd recommend them because they took care to make sure I understood everything and to check I was happy with my purchase

Ms Henderson | 11th April 2018

Ancaster Nissan Eltham

The staff at Ancaster Nissan Eltham were good because nothing is too much trouble for them. I have dealt there for very many years and only ever experienced kindness and efficiency from all members of staff.

Mrs Marion Atterton | 11th April 2018

Ancaster Nissan Eltham

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Our Locations

As one of the largest and longest established dealer groups in the South East, Ancaster offer great deals on used cars, new cars, car servicing and motability cars in 13 dealerships at 9 different locations of modern, fully equipped, dealerships in Bromley, Catford, Croydon, Eltham, Penge, Shepperton, Slough and Dartford. Find your nearest dealership by entering your postcode below.

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