Motorpoint Finance


 

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Finance

Why not take the stress out of buying a vehicle with one of the affordable finance packages on offer from Motorpoint. The UK’s leading car supermarket, in partnership with Blackhorse Motor Finance, has created a range of tailored products to enable Motorpoint customers to enjoy low-cost motoring for years to come. 

Boomerang

Boomerang is the modern way to finance the purchase of a new vehicle. Based on a Personal Contract Purchase (PCP) plan, Boomerang allows you to enjoy the best two or three years of a car’s life complete with low monthly payments.

Under Boomerang, the future value of your car will be guaranteed, which means no nasty surprises waiting for you at the end. 

And, at the end your plan, you have three options:

  • You can exchange the car for a new one with Boomerang
  • Settle the Guaranteed Minimum Future Value and buy the car outright
  • Or simply hand it back with nothing more to pay (subject to mileage and conditions)

Hire Purchase

The traditional way to finance the purchase of a car, hire purchase enables you to pay an initial deposit and then clear the balance in monthly instalments. At the end of this period, the car is yours.

Insurance products from Motorpoint

Vehicle Replacement Protection

Every year over 500,000 cars are stolen. Many more are involved in accidents or destroyed. Traditionally your insurer only pays you the current market value of your car. Vehicle Replacement Protection meets any shortfall between the insurers valuation and the original purchase price for up to three years from collection.
Driveaway Insurance

Free seven-day comprehensive cover from Motorpoint which removes the hassle of arranging insurance before collecting vehicle.

Benefits of using finance through Motorpoint 
Arranging the right finance for you can be a minefield. There’s so much choice out there and it’s often difficult to know if you are getting value for money. So here’s a short list of just some of the many benefits of choosing your finance through Motorpoint:

Drive away today

Black Horse Motor Finance deals direct with Motorpoint so you don’t have to wait for the cheque to clear. This means that you can take delivery of your car straight away. It’s simple, safe and convenient. Please note this is only available Monday to Friday.

Fixed cost motoring

Your regular payment does not change during the course of your agreement. This means you know exactly what you have to pay and when you have to pay it – making it easier for you to budget.

Easy to arrange

At Motorpoint there is no waiting in a queue to speak to someone in a call centre or spending time online ticking lots of boxes. Our finance quotes take only a matter of minutes to complete.

No hidden charges

The documents clearly state what you have to pay for. There are no hidden extras.

Wide choice of insurance products

Through Blackhorse Motor Finance, Motorpoint can also provide you with Vehicle Replacement Protection in the event that your car is stolen or written off.

Frequently Asked Questions

Does Motorpoint only provide finance on new cars?

Through Blackhorse Motor Finance Motorpoint is able to provide finance for new and used cars.

How much will the finance cost?

That depends on how much you want to borrow and over what period you wish to repay the finance. Simply ask us for a quote.

What interest rate is charged?

As interest rates vary from time to time a competitive deal will be provided at the time you arrange your finance for your car.

Do I need a deposit?

Sometimes but not always. 

How do I apply for finance?

Once you have chosen your car, just ask one of our sales people to give you a finance quote. They can give you the figures there and then.

Do you provide vehicles for businesses?

We have a wide range of products available to businesses to buy vehicles up to 7.5 tonnes. These are suitable for the self-employed, sole traders and limited companies.

About Black Horse Motor Finance

Black Horse Motor Finance is a trading company of Black Horse Limited and is the largest point of sale finance provider within the UK car market. Every year, Black Horse Motor Finance provides finance for thousands of people.

Black Horse Limited is:

Registered as a company in England and Wales with number 661204 and the registered office at 25 Gresham Street, London EC2V 7HN. It is licenced under the Consumer Credit Act 1974 by the Office of Fair Trading with licence number 006886. The comany is authorised and regulated by the Financial Services Authority for insurance mediation. FSA number 313409. It is also a member of the Finance & Leasing Association and complies with its Lending Code a copy of which can be provided on request.

Motorpoint are appointed representatives of ITC Compliance Ltd who are authorised and regulated by the Financial Service Authority
 

Please note that all commercial vehicle prices stated are exclusive of VAT.All prices exclude Road Fund Licence and a First Registration Fee at the current rate where applicable. Vehicles are supplied with balance of manufacturers warranty where available. Vehicles may not be to UK spec. Specification subject to confirmation on inspection. You may not be the first registered keeper. An optional preparation service is available for an additional £62.13. Vehicles may be moved from site to site at an additional cost. Pictures are for illustration purposes only.

Motorpoint of Derby Ltd | Registered Office: Northgate House, North Gate, New Basford, Nottingham, NG7 7BE. England. | Company Number: 3482801