MG Car/ Finance
Need a car loan and want to be in control of your spending? Have look at car finance options when buying your MG, you are able to spread out the cost of your new or used MG into monthly payments over a period of time meaning you are able to receive your car quicker as there is no need to pay it in one bulk payment, as we understand you have other outgoings to pay for each month. Our MG retailer offers plenty of options to suit everyone. We can offer you the choice of MG PCP deals (Personal Contract Purchase), MG PCH (Personal Contract Hire) and MG HP (Hire Purchase).
Hire Purchase Explained
This lease is perfect for customers who are looking to own their very own MG vehicle at the end of the agreement. You can agree with an initial deposit. The length of your agreement can vary from 1-5 years.
Benefits Include:
- Fixed monthly payments
- Flexible deposit amount
- Fixed interest rates over the length of your agreement
Personal Contract Hire Explained
A PCH suits you if you are looking for a car over a period of time, the process is hassle-free you simply are renting the car, you hand the keys back at the end of the contract and walk away. It is a fixed-term rental agreement where you agree your annual mileage and length of the agreement for how long you need the car for.
Benefits Include:
- Choose from advanced payments 1 - 12 months
- Fixed monthly rental payments over 2 - 5-year agreement
- You are able to add vehicle maintenance to your agreement (conditions apply)
Personal Contract Purchase Explained
What is great about the finance option of the PCP is you keep your car payments low. You then have the choice to either pay the remaining amount at the end of your contract to keep your MG car or you can trade your MG car for a new one or you can return it, it really is up to you.
Benefits Include:
- Guaranteed value for your car, if you stick to the agreed mileage and keep the car in good condition
- Choose any new or used car Fixed monthly payments
- Set an annual mileage up to 30,000 miles per year