Finance Option

Finance

 

We offer our customers the ability to apply for simple finance facilities to fund a purchase from us. Once you are accepted by V12 Retail Finance you will be asked to eSign the credit agreement and once in receipt of your purchase, v12 will make your agreement live and your monthly repayments will commence for the agreed term. In short retail finance gives you the flexibility to buy what you really want now, not just what you can afford today by spreading the cost of your purchase over a repayment period that suits your budget.

OPTIONS AVAILABLE

Interest Free Finance (6 months min)
The repayment example below is for guidance only

Purchase Price £395.00
Minimum Deposit (10%) £39.50
Amount of Credit £355.50
6 x Monthly Instalment £65.83
Total Amount Payable £355.50
Rate of Interest 0%

Interest Free Finance (18 months max)
The repayment example below is for guidance only

Purchase Price £2,995.00
Minimum Deposit (10%) £299.50
Amount of Credit £2,695.50
18 x Monthly Instalment £149.75
Total Amount Payable £2,695.50
Rate of Interest 0%

Classic Credit (48 Months Max)
The repayment example below is for guidance only

Purchase Price £4,000
Minimum Deposit (10%) £400
Amount of Credit £3,600
48 x Monthly Instalment £75
Total Amount Payable £3,600
Rate of Interest 7.9%

 

ELIGIBILITY CRITERIA

 You must:

  • Be at least 18 years of age
  • Have been a UK resident for 3 years or more
  • Be able to make repayments by direct debit
  • Be in regular employment* (minimum of 16 hours per week) including self-employment, or in permanent residence with your spouse/partner who is in regular employment

*If you are retired and receive a pension or registered disabled and unable to work, V12 Retail Finance may ask for proof of sufficient income.

finance_process

 

Please be sure to ask in store for more information on the finance facilities available, our experienced members of staff will be more than happy to help run you through everything step-by-step.