Car FinanceAutotech, Llantwit Farde, South Wales
You can afford it with our low cost motor finance.
At AutoTech we can provide incredibly low rate financing options for the vast majority of our customers.
We are an approved Finance Dealer with Close Motor Finance - they are a leading, independent, point of sale finance company with a long and successful track record within the motor industry. Providing tailored finance solutions to car dealers throughout the UK, they are renowned for professionalism, integrity and quality of service and, as such, are the preferred supplier for AutoTech.
One of the major benefits of sourcing your funds through an approved Finance Dealer is convenience. With minimal information we can underwrite your proposal and provide a very quick decision, typically whilst you are still in the showroom! Close Motor Finance offers affordable rates and regular payments to suit your budget. Terms available from 12 to 60 months and for amounts from £1500 upwards.
Credit is available only to persons aged 18 years or over, subject to status. Indemnities may be required.
What's in it for me? Six reasons to consider finance
- Your loan is set at a fixed rate of interest so you know exactly how much you'll pay each month.
- Flexible loan terms allow you to select an affordable monthly repayment plan that suits your budget.
- Applying for vehicle finance is quick and easy and won't involve lengthy meetings with your bank manager.
- Keep your savings in the bank or your credit lines open, should you need to borrow in the future.
- Finance decisions are made in minutes while you wait, meaning your dealer becomes a one stop shop.
- Our vehicle loans offer you a secure and reliable method of funding from a reputable and responsible lender.
Why choose an Approved Close Motor Finance Dealer?
You can choose the right finance option to suit you and as a Close Motor Finance customer enjoy a range of added benefits:
Peace of mind - Approved Dealers are dedicated to providing you with the highest level of customer satisfaction
Fast quotes - 'State of the art' systems allow us to provide you with a quote in around ten minutes
A name you can trust - Close Motor Finance has built an enviable reputation through Approved Dealers as a company you can trust
Keeping it simple - No need to fill out forms - hassle free
Close Motor Finance is one of the leading independent motor finance providers in the UK. With more than 30 years experience of the motor finance market, Close Motor Finance helps you find the best plan to finance your car.
How do I obtain a finance quote?
Within our website you can configure your deal on the car you're interested and apply securely online. Alternatively, you can contact us to discuss our finance options.
What does APR mean?
APR stands for Annual Percentage Rate. When you borrow money on an agreement regulated by the Consumer Credit Act, lenders are required by law to quote this rate, which calculates the total amount of interest that will be paid over the whole term of the loan while taking into account any additional charges that the borrower has to pay. The APR allows you to compare the cost of finance from different lenders.
How old do I need to be to apply for a loan?
You must be at least 18 years old to enter into a finance agreement under UK law.
Do you need to know my salary or outgoings?
We can discuss with you the affordability of the loan, and in some instances we will ask you for further information to support this if required. The only personal details we need from you to be able to process your finance application are name, date of birth, contact and employment details and details of the bank account you would like us to set up the direct debit for. In some instances, we may require further information to support your finance application, which case we will be in touch.
How long will it take to process my finance application?
In most cases, we will be able to obtain an online decision from Close Motor Finance within minutes.
Do you carry out a credit search?
Yes, Close Motor Finance use information from major UK credit reference and fraud prevention agencies within their underwriting process. If you wish to obtain further information on how finance companies carry out credit scoring, the Finance and Leasing Association provide a consumer guide – you can find this at www.fla.org.uk.
Over what period of time can I take my finance?
We provide a variety of terms, from 12 to 60 months, dependent upon the finance plan you have chosen.
Do you charge any fees?
Our standard fees are: Finance Facility Fee £125 and Option to Purchase Fee £95. However, these fees may vary dependent on the term and amount financed.
How much can I borrow?
Subject to satisfying normal credit criteria, and taking into consideration the affordability of the loan Close Motor Finance will lend up to the full amount of the vehicle being purchased, although in certain circumstances they may require you to contribute a deposit.
What information do I need to provide to Close Motor Finance when applying for finance?
In order to validate your identity, you will need to provide a full UK, or EU driving licence, with both photo-card and counterpart sections. In addition, a proof of address will be required – acceptable proofs of address are: a bank or credit card statement, utility or council tax bill, mortgage statement (all dated within the past three months) or your current vehicle's trade-in V5 document.
What happens after I've signed my finance agreement?
We will give you a copy of your finance agreement and the original will then be sent to Close Motor Finance for processing. Once we have set up your account, you will be sent a letter confirming that your agreement has been executed by Close Motor Finance.
Do I have to put down a deposit?
In general Close Motor Finance does not have any minimum deposit requirements. Occasionally certain promotions may require minimum deposits, or in some circumstances we may require you to contribute a deposit. In these instances, we will advise you of any deposit requirements.
Why do I have to comprehensively insure my car?
Comprehensively insuring your car protects you, Close Motor Finance and any other party involved in an accident. Should you write-off your car without insurance you will still be liable to repay your loan.