Benefits of dealer finance

Quick and easy to arrange – No wasted hours ticking boxes online, holding the phone, or complicated paperwork. Your sales executive will arrange it all. You just read the paperwork, sign on the dotted line and drive away. All our sales staff are trained to FSA (Financial Services Authority) standards, giving you impartial financial advice.

Limited personal details required – No need to provide Income & Expenditure details (unless requested by the Funding Company).

Fixed, preferential interest rates – as the longest established new and used Motor Dealer Group in Scotland we can offer competitive interest rates that are specifically created for car and van buyers.

Products to suit your individual needs – flexible finance products to suit you, so you can set an agreed repayment period and type of finance best suited to your individual financial needs.

Low deposits – affordable initial down-payments tailored to meet your needs. Did you know that by increasing your deposit you can reduce your monthly payments?

Guarantee the future value of your vehicle (subject to mileage) – you choose your likely annual mileage and repayment period and Macrae & Dick will tell you the minimum anticipated trade-in value of your car at the end of the agreement based on the repayment period and subject mileage at the end of the repayment period.

Keep your unsecured credit facility available – Majority of Dealer Funding is secured on the vehicle, therefore allowing your unsecured credit line to be kept free for unexpected emergencies, or personal luxuries

Consumer protection (authorised by the FSA) – Macrae & Dick Ltd. is authorised and regulated by the FSA (Financial Services Authority) for the purpose of Finance Mediation which gives you the security of knowing that you are getting trustworthy financial advice.

HIRE PURCHASE:
Spread the cost of your car purchase with a HP (Hire Purchase) finance agreement which is based on a secure loan. An initial deposit can be paid and then fixed monthly payments are made over an agreed term of up to a maximum of 5 years (depending on the vehicle age).  If all the agreed monthly repayments are made and the repayment term has been reached the car is all yours.  A Hire Purchase agreement’s monthly payments are normally higher than PCP (Personal Contract Purchase) agreements but without any GFV to settle at the end of the term.

PCP (Personal Contract Purchase):
Spread the cost of your car purchase with a PCP (Personal Contract Purchase) finance agreement. Essentially this is like a Hire Purchase Agreement where you pay a deposit and agree regular payments with a GFV (Guarantee Future Value) at the end, based on your proposed annual mileage. At the end you have a number of options to choose from to suit your needs.

- Return the vehicle to the Dealer & part exchange for a new car
- Settle or re-finance the GFV (Guarantee Future Value) if you wish to keep the car
- Return the vehicle to the Finance Company*

… and the beauty is, you have two or three years to decide. 

*This assumes the vehicle is returned on time & in good condition, the mileage has not exceeded the agreed amount, and all payments are up to date. Finance is available subject to status to UK residents aged 18 years or over Indemnities may be required End of agreement options assume vehicle is in good condition, the mileage has not exceeded the agreed amount and all payments are up to date.