Humphries & Parks Seat

Seat Finance

We are able to offer a wide range of flexible finance packages to suit your pocket. These include Hire Purchase with repayments over 1-5 years, PCP, Leasing and Contract Hire.


Please click here to obtain a quote.

Finance subject to terms & conditions and status

Hire Purchase: The traditional but still ever popular funding option which gives the customer eventual ownership of the vehicle. A fixed cost, fixed period loan that allows you to spread the cost of the vehicle over a period of up to 5 years. The user is effectively the owner of the asset but legal title to the vehicle does not pass until the loan is fully repaid including the final payment, which includes a nominal “option to purchase fee”. Monthly payments cover the capital cost plus interest and do not carry VAT. For business users the vehicle will be on balance sheet.

Lease Purchase: For private individuals and companies that require eventual ownership of the vehicle. A funding agreement where the purchaser acquires ownership when all payments have been made. Part of the capital cost of the vehicle may be deferred into a “balloon” payment at the end of the agreement, which equates to the anticipated value of the vehicle at the end of the funding period.

Contract Hire/Leasing: For business users only (VAT registered), a complete package can be designed to suit the clients needs. The most tax efficient method of funding vehicles for business use and are off balance sheet.

RTI Gap Insurance: The financial shortfall between the amounts received from the motor insurance policy in the event of the vehicle being a total loss, following damage, fire or theft and the amount originally paid for the vehicle up to the maximum stated in the policy schedule.

Financial Shortfall Gap: The financial shortfall between the amount received from the motor insurance policy in the event of the vehicle being a total loss, following damage, fire or theft and the amount required to settle the finance agreement up to the maximum stated in the policy schedule excluding any amount financed above the original purchase price of the vehicle.

For further details relating to any of the above please click here to request