Whether you are looking for a new or used car we will endeavour to source the right vehicle for you, from Citroen, Vauxhall, VW, Audi or Mercedes Benz. It's your choice!
For any sales enquires or advice please call 01733 882 599.
Finance Available
Available to our customers are some great products that will give you the flexibility in deciding what is right for you when purchasing your new vehicle.We at Monarch Automotive want our customers to choose a product that fits there lifestyle and is simple to set up with no quibbles.
Please see below for choices available.
Hire Purchase:
A simple and traditional way to fund your vehicle which has been available for many years and has proved quite popular in the Motor Industry. This is briefly where if you agree to borrow i.e. £10000 over 48 months the interest is calculated for the period and added to the amount funded which is then divided into 48 payments giving you a fixed payment for the term. Once the payments have been completed then the hire purchase agreement is considered paid and clear.
Ultimate:
Ultimate is an agreement which allows you the customer to defer a final payment to the end allowing you to have cheaper payments thus being more flexible, i.e. If a vehicle costs £10,000, the residual value will be calculated on the choice of vehicle for the given period after i.e. 36 months, This will then be deducted from the overall cost of the vehicle which is deferred to the end of the agreement. The deposit will then be deducted leaving a smaller capital balance plus interest on the whole amount less your initial deposit. After all payments are made leaving the balloon payment you will then need to settle the balance, this you may want to do by way of part exchange to upgrade plus any addition of deposit if required.
Ultimate Plus:
Ultimate Plus is very similar to Ultimate but with a few differences:
• Guaranteed Future Value at the end of the agreement
• Mileage stipulation for the length of the agreement.
This is probably the most popular in the current climate as instead of having a balloon payment at the end of the agreement which has to be settled in some way on Ultimate you can choice to hand the vehicle back providing that the vehicle has stayed within the mileage parameters and has been looked after in a responsible way under the duty of care guidelines.
To explain in more detail, using and example of £10,000 being the purchase price a guaranteed future value is calculated and deducted from the selling price of the vehicle as well as your deposit, you will then borrow the difference plus the interest on the whole amount less your deposit. At the end of the term you will have 3 options available to you:
1) Part exchange - if the vehicle is valued over and above the future value this can be used towards the purchase of another vehicle plus any additional deposit you may wish to add.
2) Hand the vehicle back- Providing mileage agreement and duty of care have been adhered to.
3) Buy the Vehicle- In the event where you wish to keep the vehicle you can either pay the final balance or refinance through another method
Auto loan:
The auto loan works very similar to a hire purchase agreement but will solely be a personal loan rather than being secured against the vehicle.
All of the above agreements are all subject to status, Terms & Conditions do apply.
Part Exchange Welcome
What ever vehicle you own we will be more than happy to assist where we can and give you the most competitive price possible on all makes and models.
.
Free vehicle valuation
Upon request, Monarch Automotive will gladly carry out a thorough vehicle valuation at no cost when ever is convenient, we will also carry out home visits if needed ( subject to booking)
Cars Bought for cash
If your thinking of selling your vehicle and not purchasing, we will make you an offer. (subject to the age and current market conditions)
RAC warranty on all used vehicles*
Any vehicles sold will carry a 3 month RAC Warranty unless the vehicle still retains the remainder of manufactures warranty, however where the vehicle only has i.e 2 months manufactures warranty left the RAC warranty will be used as a top up therefore maintaining 3 months cover.
*
RAC used car warranty is not transferable to another vehicle
