This is the type of finance that the majority of our clients use in the purchase of their Classic Car. On this type of finance a deposit can be as little 5 per cent although typically more and the balance paid over a 3 or 5 year period.

HP with a balloon

This is a specialist product and only available in certain circumstances where the client specifies they want such a product and the banks are happy to grant it. HP with a balloon will mean lower monthly payments than normal straightforward HP but will be more expensive in the longer term as the client is paying for the privilege of having a large lump payment to pay at the end of the agreement . This type of finance package will normally run for between 3 – 5 years.