As a general rule, you can settle your contract at an early stage by asking the financial company to provide you with a billing figure. However, the financial company will ask you to pay the difference between what your car is worth and what you still owe, and there may be a difference known as negative equity. On the other hand, you may find that at the end of your life, your car is worth more than the guaranteed future value, which means you have positive equity to contribute to your next car. Keeping you informed during your financial contract is our promise.; Depending on the type of contract, you will receive different updates at different times, but you can request updates at any time. We want to keep your vehicle data up to date to keep your financing contract up to date. Don`t forget to log in to your account to update us with the new registration number. At the end of the agreement, we will determine the guaranteed minimum future value (GMFV) of the vehicle and establish a deposit and monthly amount that works for you. At the end of your contract, you then have three options: for a lease-purchase, it is possible to pay it prematurely through billing fees. A compensation fee covers the costs of all remaining unpaid payments and interest payments remaining on the agreement. Once the billing fee is paid, you will take full ownership of the car at an early stage. If we have previously confirmed by email that you have met our eligibility criteria, we must now decide whether a deferral of payment is appropriate in their particular circumstances, for example. B of the terms that remain on your agreement with us.
We hope you will appreciate that we have received a large number of deferred payment requests and that we take them for some time, so please continue to carry with us, you do not need to contact us, your monthly payments will not be recovered in the meantime. If we believe that a deferral of payment is appropriate, we will contact you by email to submit to an amendment agreement setting out the conditions under which we are willing to process your application. At this point, you will receive further instructions and we will ask you to respond with your digital signature within 5 days so that we can complete your application. Finding the right purchase agreement is as important as choosing the right vehicle. To allow you to take payment terms, please contact us during our operating hours; Make sure you have your vehicle finance account number and/or ID number handy. Our operating hours are from 8 a.m. to 5 p.m. Monday to Friday.
Depending on the financing agreement you have with us, you can change your monthly payment date by 21 days in front or back from the original payment date. However, we must be informed at least 14 days before the next payment deadline. Sign in or sign up to manage your account online. View your agreements, make payments, ask for compensation and process your data. It`s simple and contactless. If you have opted for your vehicle, you agree on your annual mileage and decide how long the contract will be with one of our business managers. Leasing is a way to finance the purchase of a new or used car. They usually pay a first down payment and pay the total value of the car in monthly increments. If all payments are made, the lease ends and you own the car directly.
Making your updated information available will not only maintain the validity of your agreement, but will also help you to reach the end of your agreement to discuss your options, exciting offers and, most importantly, provide you with an effective service in the future. Personal Contract Purchase (PCP) is a financing product that allows you to buy a new or used car. In order to protect our employees and continue to support our customers, we offer reduced telephone service.