Finance
Find out more about our excellent campervan finance options at Ventura
Finance your new campervan with ease
A new Peugeot campervan is a big investment. Paying for it in one go isn’t always an option, so Ventura have partnered with Auto Finance to offer a competitive finance solution. Buy a camper on finance today to split the costs, getting you out on the road in no time.
Auto Finance are authorised and regulated by the Financial Conduct Authority, and acts as a credit broker not a lender.
About Hire Purchase
Hire purchase (HP) is a form of vehicle finance whereby you essentially hire the vehicle over the contract period, with the aim of purchasing it at the end of the agreement.
Once you’ve made the final payment you will own the vehicle but up until then it is owned by the finance company. In this case Evolution in effect buy the campervan from us and then you pay it back.
About Hire Purchase
Hire purchase (HP) is a form of vehicle finance whereby you essentially hire the vehicle over the contract period, with the aim of purchasing it at the end of the agreement.
Once you’ve made the final payment you will own the vehicle but up until then it is owned by the finance company. In this case Evolution in effect buy the campervan from us and then you pay it back.
How it works
It works in a similar way to a mortgage. You’ll need to put down a deposit. The bigger the deposit the less you’re financing so the lower the monthly repayments will be.
Like a mortgage, the lender owns the vehicle until the final payment has been made at which point the vehicle is yours. If you fail to make the payments the finance company will seize the vehicle back.
How it works
It works in a similar way to a mortgage. You’ll need to put down a deposit. The bigger the deposit the less you’re financing so the lower the monthly repayments will be.
Like a mortgage, the lender owns the vehicle until the final payment has been made at which point the vehicle is yours. If you fail to make the payments the finance company will seize the vehicle back.
An example of HP finance
Here’s an example to explain how it works, using a car priced at £14,000. You pay a deposit – 10% in this case (£1,400)…
You borrow the amount outstanding at a set interest rate and over an agreed repayment period – so £12,600 at 5% APR over three years. You then make set repayments each and every month to the finance company – £378/month. After three years and your final repayment, you take ownership of the vehicle after paying a transfer fee – £100 in this case. Remember, if you fail to keep up payments the finance company is entitled to seize the car.
An example of HP finance
Here’s an example to explain how it works, using a car priced at £14,000. You pay a deposit – 10% in this case (£1,400)…
You borrow the amount outstanding at a set interest rate and over an agreed repayment period – so £12,600 at 5% APR over three years. You then make set repayments each and every month to the finance company – £378/month. After three years and your final repayment, you take ownership of the vehicle after paying a transfer fee – £100 in this case. Remember, if you fail to keep up payments the finance company is entitled to seize the car.
Finance and drive away!
Finance one of our prebuilt campervans so you can drive away today! We have a wide selection of prebuilt new campers available to reserve today, all available to be financed and viewed on site.
We are open Monday to Friday (8.30am – 5.00pm) and Saturday (by appointment).
We look forward to seeing you soon.