Snowbird Finance is delighted to announce that Tim Baker has joined the team as National Sales Manager to grow and increase Snowbird Finance's patient finance offering under the brand of...
We would highly recommend Snowbird finance to anyone who is thinking of providing finance to their patients. The portal is easy to use and a very quick solution to set up patients so they can do it themselves at home saving the practice time. Patients comment how easy and quick it is to apply and love how quick they get a response. The support we get from all members of Snowbird is exceptional. We couldn’t be happier with every aspect of their service.
Natalie Rogers, Practice Manager
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Buying a car with a Lease Purchase (or Personal Contract Plan – PCP) is great for people who want to keep their monthly payments as low as possible. Snowbird can find the right finance company at the best rates for your budget and situation, even if you have a poor credit rating.
You will be required to pay a deposit (normally a minimum of around 10% and a maximum of 50% of the total vehicle price), then fixed monthly instalments for the duration of the agreement and a final agreed deferred payment. Usually the larger the deposit you pay, the lower the monthly instalments. At the end of the agreement you have 3 options:
1. Pay the deferred final payment and keep the car
2. Sell the car privately to fund the final payment
3. Hand the car back to the dealer.
If the car is worth more than predicted, then the difference can be put towards the deposit for a new car.
A lease purchase scheme is also an affordable way of acquiring a new vehicle as it allows you to opt to reduce your monthly instalments by paying a final balloon payment.
Interested in a lease purchase agreement? Contact us to discuss the best deal to suit your needs and you could have your new vehicle within 48 hours!