CAR FINANCE
We have excellent relationships with a panel of specialist lenders, so they can offer the best bespoke finance package for you. Our guide explains three of the most popular ways to finance your car, to help you decide which is right for you.
Hire Purchase (HP)
Personal Contract Purchase (PCP)
Lease Purchase (LP)
You pay an initial deposit, followed by monthly payments which the duration is of the term is set by you. Once the final payment is made, the HP contract ends - and you own the car.
You pay an initial deposit, followed by monthly payments. At the end of your payments a final balloon payment remains. You can either pay this in order to keep the car, part exchange for a new car, or hand the car back.
The initial deposit and repayment periods can be structured to help meet your budget. Benefits include low deposit, no VAT on payments, option to take early settlement, final payment ownership, no mileage restriction and tax benefits for business.
Why choose Walker Pratt Automotive
We have access to some very low rates from market leading finance companies.
Affordable fixed rate payments, flexible to suit your budget.
Same day finance. Drive away your new car in the same day.
It's hassle free: we deal with all the paperwork.
Simple application process, decision made in minutes.
Bad or poor credit and no deposit? We can help.
Walker Pratt Automotive Ltd t/a Walker Pratt Automotive are regulated by the Financial Conduct Authority, under FRN 764028. All finance is subject to status and income. We act as a credit broker not a lender. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. Written quotation available upon request. Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow). The lenders we work with could pay commission at different rates, but the commission we receive does not influence the interest rate you will pay. You have the right to request information on our commission at any time using the above contact details. We are only able to offer finance products from these providers.
Frequently Asked Questions
Can I still get finance with a poor credit rating?
This doesn't necessarily mean you won't be able to arrange a finance deal with us. We work with market leading finance providers to find the right finance package for everyone. Please do make us aware if you know you have a poor credit score - it means we can find the right finance option more efficiently.
What documents do I need to bring?
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You simply need your debit or credit card, to pay the deposit and your driving licence, as a form of identification.
Can I still get finance with a poor credit rating?
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This doesn't necessarily mean you won't be able to arrange a finance deal with us. We work with market leading finance providers to find the right finance package for everyone. Please do make us aware if you know you have a poor credit score - it means we can find the right finance option more efficiently.
I'm in negative equity - can I still get finance?
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That doesn't matter. We can advise you on the ideal time to change your car. We also have lenders who can underwrite this type of finance, normally offering a Personal Loan facility based on your credit score and not on the vehicle.
How will I know which car type of car finance is right for me?
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We are trained in providing the best advice to our customers. We work with the UK's best specialist car finance providers and together offer you the most competitative finance on offer.
Finance Partner
A majority of our customers use finance to purchase their car. We have excellent relationships with a panel of specialist lenders, so they can offer the best bespoke finance package for you.