WHAT TYPES OF FINANCE DO WE OFFER?
Representative APR 12.9% We are a credit broker not lender.
PERSONAL CONTRACT PLAN (PCP)
Is ideal for customers who like the idea of changing their motorcycle regularly, reducing the potential period of repayments, or simply want to leave their payment options open for a period of time.
At the end of your agreement you have three options:
- Exchange the motorcycle for your next motorcycle.
- Pay the option to purchase fee and optional final payment, then take full ownership of the vehicle.
- Return the motorcycle to lender (fees may apply).
Leads to ownership and is suited to customers who potentially intend to keep their motorcycle beyond the period of repayments. There are no mileage restrictions, deposits can be as little as one monthly payment and you can choose the most appropriate term to suit your monthly budget.
HIRE PURCHASE (HP)
WHY SHOULD YOU CONSIDER USING FINANCE?
These are just some of the key benefits you receive when using our Hire Purchase (HP) or Personal Contract Purchase (PCP), most of which you don’t get when using your bank, savings or a personal loan.
- A Tri-partite agreement – Between yourself, the retailer, and the lender. This is means that if there is an issue regarding the quality of your motorcycle, both we and the lender have a joint responsibility to address that issue.
- Secure Borrowing – The finance is secured against the vehicle instead of you as an individual, which helps with future borrowing.
- Easy to arrange – All finance applications can be completed on site, and we are here to answer any questions.
- Flexibility – We can offer a wide range of terms to ensure you aren’t paying unnecessary interest on a term longer than required.
- Protection from depreciation – Should you choose to opt for a PCP you can relax knowing that whatever happens in the world you have a guaranteed future value of your motorcycle.
- Competitive Finance – Our rates are regularly reviewed with our finance provider to ensure we offer the best possible outcome.
- SAF Approved – We are fully SAF approved, which means all our customer facing staff have passed the SAF Expert Exam. This ensures we are offering finance in a transparent and fair manner.
DISCLAIMER
TMS Motorcycle & Automotive Limited is registered in England and Wales under company number: 15145676. Registered Office Address: 4 Parkside Court, Greenhough Road, Litchfield, Staffordshire, England WS13 7FE.
TMS Motorcycle & Automotive Limited (FRN – 1022451) is an Appointed Representative of The Compliance Guys Ltd which is authorised and regulated by the Financial Conduct Authority (FRN – 941360). Whichever lender we introduce you to, we will typically receive commission from them (either a fixed fee or a fixed percentage of the amount you borrow) and this may or may not affect the total amount repayable. The lender will disclose this information before you enter into an agreement which only occurs with your express consent. The lenders we work with could pay commission at different rates and you will be notified of the amount we are paid before completion. All finance is subject to status and income. Terms and conditions apply. Applicants must be 18 years or over. We are only able to offer finance products from these providers. As we are a credit broker and have a commercial relationship with the lender, the introduction we make is not impartial, but we will make introductions in line with your needs, subject to your circumstances.
TMS Motorcycle & Automotive Limited are registered with the Information Commissioner’s Office under registration number ZB731468.
