Decision in 60 seconds
It couldn't be easier to apply for car finance. All you have to do is fill in our simple-to-use online form.
Once your information has been submitted, we'll get back to you as soon as possible.
Used car finance experts
As a specialist online car finance broker, we've built direct links with High Street lenders and experienced motoring finance houses.
Because of this, we're able to help hundreds of customers secure the best online car finance deal for their budget.
Our expertise and knowledge mean that, even if you have a poor credit rating, we can help to arrange car finance for you.
Funding your car with finance is a great option if you're looking to spread the cost. At LMC, there are different types of finance we deal in but there are three main types you may want to read up on, so you can see which one might be right for you.
Personal Contract Purchase
Personal contract purchase is a popular type of car finance. Typically you put a deposit down at the start of the agreement and then you have a pre determined amount to pay back each month. At the end of the agreement you will have a few different options which will have been outlined at the start. These could include, paying a balloon payment to buy the car, handing the car back or using it as a deposit on your next finance agreement.
Lease purchase is where you essentially rent the vehicle for the term and pay one final payment at the end of the agreement which is mandatory, in order for you to keep and drive away the car at the end. It is usually cheaper than hire purchase but all finance agreements vary.
Hire Purchase is similar to Personal Contract Purchase apart from the fact you usually own the car at the end of the agreement and due to this, the monthly repayments are typically higher.
If you would like to find out more about car finance in Essex, please get in touch with a member of the team.