COVID-19 Update

Finance Details

About Ancaster

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

We value customer feedback

I'd endorse Ancaster Nissan Slough because the staff are professional , friendly and patient. I was given time to look over the vehicle alone before the test drive, During the test drive I was allowed to concentrate on the performance and ride of the chosen vehicle without unnecessary sales chat. Thanks to Zaman Malik Sales Executive.

I was pleased with Ancaster Hyundai Croydon and would recommend them because the car, financing, service & overall transparency exceeded my expectations.

Ancaster Nissan Penge were great because the service I received from the sales manager Alan was 1st class. He listened to what my requirements were, and provided a number of options. Everything he said he would do he did. A really positive experience, which has resulted in me being a very happy customer.

I'd suggest Ancaster Nissan Penge to a friend because Alan was a pleasure to deal with. Very old school with no hard pressure sales tactics

The experience at Ancaster Nissan South Croydon was good because plenty of choice and friendly service

My experience at Ancaster Nissan is very good and my auntie bougth a car as well I recommend her. And she so happy

Ancaster Nissan Bromley were helpful because everything was clear and the service was good

I'd recommend Ancaster Fiat Catford to a friend as they are professional because and good friendly service and clearly explains everything. They went above and beyond as we had my 5 year old son with us and they showed him all the cars and really made his day.

The experience at Ancaster Nissan South Croydon was fantastic because customer service

I'd recommend Ancaster Nissan Penge because not only do they sell fantastic vehicles but the staff are professional but friendly nothing to much trouble. They go over and above to make sure you are completely happy with you choice. I can thank them enough. My wife and I have had Nissan cars for over 15 years now and wouldn’t go anywhere else.

My experience at Ancaster Nissan Penge was positive because they were reliable and honest

The experience at Ancaster Nissan South Croydon was great because they did all their best to meet desire.

Ancaster Nissan Slough were helpful because they provided the right guidance and friendly advice during the process of buying the car. The sales agent (Aice Bhadar) was sincere and build a good relationship rapport.

I was happy with the service at Ancaster Nissan Bromley because Damien was great at his job and he was very professional

I had a great experience at Ancaster Nissan Eltham because my last car I brought from there was great and the staff are very welcoming and very good at their jon

I was happy with the service at Ancaster Hyundai Croydon because they have helped get a good deal especially that this is my first car. Thanks to Sufian and Vanessa

I'd endorse Ancaster Nissan Shepperton because they provide good customer service and we’re very useful

I'd definitely recommend Ancaster Fiat Dartford because the service was fantastic by Jay and Ben. They really helped me find the perfect car and took into consideration my situation with my part exchange and in the end everything worked out. Would definitely return back to the dealership in a couple of years time as always very impressed with the service provided. Also turn around was quick and seamless and I had my car within a week of choosing it. So so happy and just a big thank you to Jay and also Ben.

I was pleased with Ancaster Nissan South Croydon and would recommend them because everything I needed to know was explained to me and any questions were answered clearly, and was shown how to operate the internal layout, which was new to me. Very happy with the purchase.

I was pleased with Ancaster Fiat Dartford and would recommend them because Phillip is brill. And the car wonderful.

I would recommend Ancaster Nissan Shepperton to friends and family because they were friendly and helpful

Ancaster Nissan South Croydon were great because the dealership was astonishing and was fully clean and hygienic which was amazing. Along with the offering of tea and coffee the attitude of the workers were outstanding and our salesperson were really kind and gave a really detailed and thorough explanation of the car and the paperwork. I would 100% recommended this dealership as I had one of the best experiences here. Thank you

Ancaster Hyundai Croydon were helpful because William was very patient and explain everything in details. Nothing was too much trouble for him. The whole team at Croydon including the manager Vanessa were very helpful. I was extremely impressed with the service I received. I am also extremely happy with my new car! Thank you hyundai Croydon!

Ancaster Nissan South Croydon were great because they had the car we wanted. Staff very helpful and understood the circumstances of not having a working car and although could have tried to pressurise us did not do so and were very professional and organised the pick up of the car in a very timely manner. Thank you Juan.

Ancaster Fiat Dartford were great because they had a great range of vehicles, the staff are very friendly and make you feel very welcome, i only deal with advisor calked Phil because he treats me like one of the family

Ancaster Fiat Dartford staff were good because the process of getting the car was quick and easy, the staff were more than helpful and helped me to get the best deal possible. They also stay in contact after the purchase to be sure the car is performing well. Staff are very friendly and I would definitely recommend Ancaster Fiat Dartford to a friend. I would also use their services again.

The experience at Ancaster Nissan South Croydon was good because I found the gentleman who served me kind, helpful, informative, supportive and he explained the paperwork in a clear and simple way. He was also supportive when on the test drive as my previous vehicle was very old and very different to drive. Would definitely use Ancaster Nissan South Croydon again.

Ancaster Nissan South Croydon were fantastic because we had a very good customer experience from start to end in light of the current circumstances

Ancaster Nissan South Croydon were great because of the fantastic caring attitude of the sales team

Ancaster Nissan Shepperton were great because the sales person Paul was m9st helpful