With our fixed interest rates and flexibility of finance plans your new Kia has never been more accessible.
Applying for a finance plan through FJ Chalke is easy; we will support you in choosing the right plan for your needs.
Read on for an overview of one our most popular products; Personal Contract Purchase.
At the start of the agreement we’ll set an optional final payment for your car, this will be based upon your chosen agreement term and approximate annual mileage.
You pay a deposit and then make monthly repayments based on the outstanding loan balance less the optional final payment.
At the end of the monthly repayment period you’ll have three options:
Pay the optional final payment and take ownership of the car
Hand back the car with nothing more to pay. Subject to mileage and fair wear and tear. If electing to hand the vehicle back at the end of contract, any mileage in excess of the agreed limit will be chargeable at 9p per mile (Inc. VAT) for all models.
Part exchange the car and use any equity as a deposit on your next car (if any available, which cannot be guaranteed)
What else do I need to know?
Typical repayment periods are over 25, 31 and 37 months.
The optional final payment is based on your repayment period and mileage. This can be set from 6,000 to 30,000 miles per annum.
The car can be up to 47 months old and 50,000 miles at the start of the agreement and must not exceed 84 months/ 100,000 miles at the end of the agreement.
A maximum of 50% deposit is allowed and the minimum loan amount is £3,000.
You will not own the vehicle until all monthly repayments are made, including the optional final payment.
We may choose to offer you an alternative product as part of our underwriting conditions which may include a Fixed Sum Loan with OFP. We will make you aware of this after your application for finance has been received and assessed by us