Finance

SK Motors have teamed up with Mann Island Finance who are the UK's largest finance intermediary. Through them SK Motors customers can access just about every lender in the country thereby offering the ultimate flexibility in regard to rate, period and terms. You can choose from Hire Purchase, Personal Contract Purchase or Hire Purchase with a balloon. They can even offer more sophisticated products such as Balanced Payments.

 

Please contact us if you would like more information.

 

Finance Examples:

 

Example 1:

 

Term of Agreement: 48 months

 

Total Price: £20,000

Total Deposit: £2,000

Balance to Finance: £18,000

 

Regular Monthly payments: £434.85

 

Initial Payment: £583.85

Final Payment: £583.85

 

Interest Rate (fixed): 3.99%

Representative APR: 8.5%

 

Total Amount Payable: £23,170.80

Acceptance Fee*: £149.00

Option to Purchase Fee**: £149.00

 

Disclaimer:

 

*Included in the Initial Payment

**Included in the Final Payment

 

Example 2:

 

Term of Agreement: 48 months

 

Total Price: £40,000

Total Deposit: £4,000

Balance to Finance: £36,000

 

Regular Monthly payments: £869.70

 

Initial Payment: £1,018.70

Final Payment: £1,018.70

 

Interest Rate (fixed): 3.99%

Representative APR: 8.1%

 

Total Amount Payable: £46,043.60

Acceptance Fee*: £149.00

Option to Purchase Fee**: £149.00

 

Disclaimer:

 

*Included in the Initial Payment

**Included in the Final Payment

 

Example 3:

 

Term of Agreement: 48 months

 

Total Price: £60,000

Total Deposit: £10,000

Balance to Finance: £50,000

 

Regular Monthly payments: £1,207.92

 

Initial Payment: £1,356.92

Final Payment: £1,356.92

 

Interest Rate (fixed): 3.99%

Representative APR: 8%

 

Total Amount Payable: £68,278.16

Acceptance Fee*: £149.00

Option to Purchase Fee**: £149.00

 

Disclaimer:

 

*Included in the Initial Payment

**Included in the Final Payment

 

Example 4:

 

Term of Agreement: 48 months

 

Total Price: £100,000

Total Deposit: £20,000

Balance to Finance: £80,000

 

Regular Monthly payments: £1,932.67

 

Initial Payment: £2,081.67

Final Payment: £2,081.67

 

Interest Rate (fixed): 3.99%

Representative APR: 7.9%

 

Total Amount Payable: £113,066.16

Acceptance Fee*: £149.00

Option to Purchase Fee**: £149.00

 

Disclaimer:

 

*Included in the Initial Payment

**Included in the Final Payment

 

Finance available subject to status. Indemnities may be required. Other finance offers may be available but cannot be used in conjunction with this offer. We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. We are only able to offer finance products from these providers. Postal address: SK Motors Ltd, Unit 7, Drayton Manor Business Park, Coleshill Road, Tamworth, B78 3TL.