Finance at Newmarket Motors

At Newmarket Motors, we are confident that we carry some of the best vehicles available in Europe – and we try to make them as affordable as possible. This is why we provide our customers with the opportunity to take advantage of flexible finance.

Whether you are a private motorist or business customer, our budget-friendly packages can help you secure a great Volkswagen vehicle, whether it is brand new or used.

Our finance options are flexible and tailored to you and the type of vehicle you require. You can set the term of the repayment based on your financial situation, and with fixed-interest instalments, there are no unexpected surprises.

We carefully pick our finance partners and all are protected by a financial regularity body, providing you with a one-stop shop for car financing.

Click on the link below to make a finance application,and you could have your loan approved within a matter of hours.

If you have any questions about finance at Newmarket Motors, don’t hesitate to get in touch with us. A member of our team will be more than happy to talk through our financial products and help you decide upon the best option.

PCP Explained in Video

PCP Finance Explained?

There are so many ways to buy a new or used car, which means you don’t necessarily need the upfront full value to have a new car in your driveway. But where do you start? There are regular personal loans from credit unions and banks, and then you have the hire purchase option where you pay a deposit and monthly repayments until you own the car. But now there’s the incredibly popular PCP (Personal Contract Plan) option also.

PCP involves;

Step 1. Choose your car and with 10% deposit or trade in

Step 2. Make 36 set monthly payments

Step 3. After 3 years you have 3 Options

  • Pay the optional Final payment and keep the car (Guaranteed Minimum Future Value agreed at Step 1 Stage)
  • Part exchange - Use the equity on your car to buy your next .
  • Return the car with no further payments

So, In General; Why PCP?

The benefits are as follows;

  • Regular car changes
  • Lower payments and shorter terms
  • You spend less on repairs and maintenance - as you always have a new car
  • Guaranteed future value


Hire Purchase

Hire Purchase allows you to finance your car over a period of time that you choose between 1 to 5 years. With Hire Purchase our authorized credit intermediary will purchase the car on your behalf. After placing a deposit, equal monthly payments over the period of the agreement will be agreed.

Key Information

  • Minimum of 10% Deposit
  • Individual tailored plan to meet your needs.
  • Payments spread between 12 months and 5 years
  • Flexible repayment terms
  • Ownership of the car transfers to you once all instalments are made
  • Hire Purchase allows you to borrow money over a fixed period.
  • Available for New and Used cars


What is Contract Hire?

Contract Hire is a long term hire agreement, you agree the duration and mileage that best suits your business.

What are the main benefits of choosing a Newmarket Motors Volkswagen Contract Hire agreement?

See how we can make a difference to Your business , here are the benefits:

  1. Fixed monthly costs over the duration of the agreement (Usually 3 or 4 years)
  2. Finance available at discounted rate
  3. No Working Capital is tied up in vehicles - therefore valuable working capital is available for other uses
  4. Removes the residual value risk of owning cars (What will the car be worth in 4 years time?)
  5. There are no issues with disposals at the end of the agreement.
  6. Rentals payable under Contract Hire are allowable against tax (Subject to current legislation). We recommend that you discuss this with your financial adviser.
  7. Contract Hire makes it easy to update your company cars and ensures you have a modern safe, fuel efficient fleet of vehicles for your staff.
  8. Contract Hire is not just for large companies, SME's and sole traders can reduce their motoring costs.