Open Good Friday & Saturday 4th April 9am to 1pm Closed Easter Monday
Car Finance
In Coalville, Leicestershire
At Crosspoint Motor Company, we make arranging used car finance in Coalville clear, flexible and accessible. Our dealership is supported by a dedicated team of finance experts, all on hand to help guide you through the finance process and answer your enquiry with clarity and professionalism.
Whether you are purchasing your first car or changing your current vehicle, our focus is on helping you secure a finance package that suits your budget and circumstances.
Dedicated Finance Specialists
Our experienced finance team works closely with customers to understand individual requirements before recommending suitable options. We take the time to explain terms clearly, ensuring you understand the structure, repayments and duration of any agreement.
This personalised approach has helped hundreds of customers across Coalville and Leicestershire secure competitive car finance with confidence.
Access to High Street & Specialist Lenders
Crosspoint Motor Company has established relationships with a wide range of high street banks and specialist motoring finance providers. This broad panel of lenders allows us to compare multiple options, increasing the likelihood of securing the best possible finance deal for your circumstances.
By working with both mainstream and specialist lenders, we are able to offer finance solutions tailored to different credit profiles and budgets.
Car Finance for Poor Credit History
If you have experienced financial difficulties in the past, our expertise means we may still be able to help. We regularly arrange bad credit car finance in Coalville, working with specialist lenders who assess applications on a case-by-case basis.
Even if you have:
- A poor credit rating
- Missed payments
- Limited credit history
our team will explore available options and explain what is achievable, helping you move forward with confidence.
Flexible Finance Options
We offer a range of finance products designed to suit different needs, including:
- Hire Purchase (HP)
- Personal Contract Purchase (PCP)
- Finance solutions tailored to individual budgets
Our aim is to provide used car finance in Leicestershire that is affordable, transparent and sustainable over the term of the agreement.
FCA Approved Finance Dealer
Crosspoint Motor Company is an FCA-approved dealership, ensuring all finance arrangements are handled responsibly and in line with regulatory standards. This provides customers with reassurance that advice and products are offered fairly and professionally.
A Simple, Straightforward Finance Process
From initial enquiry to final approval, our finance process is designed to be smooth and efficient. We handle the paperwork, liaise with lenders and keep you informed at every stage, reducing stress and saving time.
If you are looking for car finance in Coalville, Leicestershire, whether with excellent or poor credit history, Crosspoint Motor Company offers experience, lender access and dedicated support to help you secure the right deal.
Hire Purchase (HP)
A simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly payments throughout the agreement. The initial deposit and repayment period can be structured to help meet your budget and the length of time you expect to keep the car. You can trade-in your existing car and put this towards the initial deposit, or if you wish, just put down a cash deposit.
After paying the initial deposit you make regular monthly payments to cover the amount borrowed plus any interest and fees
The interest rate is fixed which means you'll know exactly how much you will repay throughout the term of the agreement
Once all of the payments have been paid the car is yours
Features and Benefits
- Fixed monthly repayments
- Low Deposit
- Ownership of Car
- Budget with confidence
- Freedom, no mileage restrictions
- Ability to settle the loan early
Personal Contract Purchase (PCP)
Similar to a Hire Purchase agreement but with additional flexibility since part of the cost is deferred until the end of the agreement which may give you the benefit of lower monthly payments. The deferred amount is known as the Guaranteed Future Value (GFV) sometimes known as Optional Final Payment.
What happens next?
At the end of your PCP agreement, you then have a number of options.
- Option 1 - Part-exchange your vehicle-use any equity above the Guaranteed Minimum Future Value as an initial deposit on your next purchase.
- Option 2 - Keep your vehicle-simply pay the Guaranteed Minimum Future Value to retain ownership.
- Option 3 - Refinance the final balloon payment.
- Option 4 - Return your vehicle and have nothing further to pay, subject to vehicle condition and within the agreed mileage terms. (Subject to terms and conditions).
Features and Benefits
- Flexible deposit
- Low fixed monthly payments
- The choice at the end of the agreement
- No need to worry about depreciation
- Potential lower payments than a standard HP agreement or Conditional Sale
