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Rates from 9.9% APR.
Representative APR of 21.9% APR
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This is where you hire the motorbike from the lender untill you have paid off your final sum. Once you have made your last payment, there is an option to buy the motorbike outright, this is also referred to as an “option to purchase” fee and is usually less than your monthly payments. You will own the vehicle after all monthly payments have been made and you’ve paid the 'option to pruchase' fee.
You simply borrow a fixed sum of money that you pay off over a fixed period of time. Once you finance your motorbike through personal loan option you immediately take ownership of the bike as the loan money has been transfered to your dealership and paid for the bike.
PCP is one of three finance products available to you from Quick Car Finance to help fund your Motorcycle. PCP allows you to keep your monthly repayments lower by deferring a proportion of the credit to the end of the agreement, and also giving you the flexibility of 3 options at the end of the agreement. These 3 options being Retain - where you can keep your motorcycle by paying the option to purchase fee and the GFV (Guaranteed Feature Value, you will then own the motorbike outright. Or you can Return your motorcycle back to the dealer without paying the GFV. If you have exceeded your agreed milage or the bike is in bad condition, there may be additional charges to pay. Or You can Renew your agreement and part exchange your current bike. Then together with your financial advisor and the dealer, you can start looking for your next bike!
Am I 18 years or older?
Have I lived in the UK for more than 12 months?
Do I earn an income of £1000 or more per month?
Fantastic help and assistance from Jack Sherwin. QCF were professional throughout and made the process of buying a new vehicle uncomplicated. From the initial call, to finding a car and receiving the funds was arranged in a matter of a few days. Can’t speak highly enough about the company.