Car Finance Information from Taggarts

When you buy a car from a Taggarts dealership you can rest assured that you are buying from an industry leading company, that offers unrivalled customers service. Whether you are looking to purchase a brand new hatchback or are looking for a used coupe, Taggarts Scotland can help. What's more at Taggarts we can provide competitive finance tailored to your individual needs.

Our personalised finance plans will ensure you to buy in the knowledge that you're taking advantage of a purchase plan that is as well constructed as the vehicle you're driving. With locations across Glasgow and Motherwell, our team of finance experts will be able to advise you on the best finance solutions for your needs. They will also helpfully provide a quote that is easy to understand and free from jargon.

Which car finance option is best for your needs?

There are a range of finance options available when it comes to purchasing your car. One option that may be suitable is Personal Contract Purchase (PCP). Customers that choose to go with a PCP plan will be supported in the process by one of our advisors located at our dealerships. Once they have taken out a PCP plan and discussed the process of payment with our advisors, it will then be the owner’s responsibility to keep up with the agreed monthly payments. A portion of the car's value will be deferred until the end of the agreement – called the Guaranteed Future Value – which is the minimum value that we can guarantee your vehicle will be worth. When the agreement period comes to an end you will have three possible options to choose from; part-exchange the vehicle for a new car, pay the optional final payment and retain the car or return your car with no further payments (subject to terms and conditions).

Another finance option is Personal Contract Hire (PCH). PCH works in a similar way to PCP, with the main difference being that ownership of the vehicle would not be assumed at the end of the agreement period and instead the car would be handed back. However another vehicle could then be chosen under the same scheme (subject to credit checks).

There is also the option of buying your car through Hire Purchase (HP). The way that Hire Purchase works is the customer will pay an initial deposit on the vehicle, then pay the remainder of the value of the car in instalments, normally over a period of between one and five years. With HP the customer is basically hiring the car until the final payment is made after which they will become the vehicles outright owner.

The final option is a Personal Loan. Customers can agree a loan with a bank, building society, and finance companies. The duration of the loan and repayment amount will depend on what is agreed between the customer and the loan company. Loans from banks for cars can be paid off over a number of years, and will have a fixed rate of interest.

For more detailed information on each of these finance options please see our attached pages, which also include some helpful videos. If you would like to know more about finance options from Taggarts then please contact us today to discuss.

Personal Contract Purchase

Hire Purchase

Personal Contract Hire

Personal Loan