What Is It?
Citroen Hire Purchase is one of the most common Citroen finance products in the market. Citroen Hire Purchase Stockport & Manchester allows you to use the vehicle while paying for it, at the end of the agreement you take ownership. The car is the security for the agreement. You will have an option to own the vehicle at the end of the agreement term for an additional sum called the Option to Purchase Fee.
What Is It?
This is very similar to Citroen Hire Purchase, again having payments over a set period of time and set mileage. The main difference with this agreement is the inclusion of a final balloon payment. This allows you to purchase your Citroen car at a price agreed at the beginning of the term. This payment is called Guaranteed Minimum Future Value (GMFV) which means the minimum projected cost of your Citroen car at the end of the agreed contract. The Citroen Personal Contract Puchase Stockport & Manchester can be settled by the customer at any time if they pay the balance outstanding, including the GMFV to the lender. At the end of the PCP agreement the customer has three options:
Part exchange for another Citroen car
Pay the final payment and keep the car
Return the car and walk away
What Is It?
Citroen Lease Purchase loans are an unsecured lending facility that can be used for almost any purpose such as home improvements or to buy a car. Citroen Lease Purchase Stockport & Manchester loan is normally a fixed cost, fixed period loan of money to purchase any Citroen car the customer wants. The facility is widely offered by Banks, Building Societies, Direct Lenders and Finance Companies.