Apply for your preferential low finance rates From Alan Milne Elgin Moray.
At Alan Milne Ltd Elgin, we pride ourselves in the ability to source the best finance package for you.
How do we do this? You completing the attached form and send it to us.
Once we receive it we apply to our Manufacturers for your special preferential discount plan.
The benefits of registering your company, large or small, with our business centre are:
We have thrown away the jargon book and listed below the information to assist your business purchase.
APR (Annual percentage rate) is a standard method of calculating the total/full cost of charges to you. The total cost of charges are calculated by adding the interest charge and other charges such as documentation fees on the finance. You should use the APR to compare the cost of different finance options, although lease agreements will not show an APR.
Credit Scoring/ Rating - a finance scoring system used by companies to help decide how much finance to make available to you.
Balloon/Final Payment - a one-off final payment made by you at the end of some agreements. It will reduce your monthly payment as you are paying interest on the full balance but only financing the difference between the capital outlay and the final payment.
Flat rate is the base interest rate charged on the finance. Dealers will sometimes quote a monthly or annual flat rate but if you ask for the APR, this is a more accurate and true cost of the finance.
Guaranteed Future Value (GFV) - it is the lowest value that your car is guaranteed to be worth down the line at the end of your finance agreement.
Residual value is the value of your car at the end of the finance agreement, taking age and mileage into consideration. This may not be guaranteed but depends on the terms of your agreement.
Total amount payable is the total cost of the finance, including charges and any interest. This is a good way in our opinion to compare the deal you have been offered against other types of motor finance.
Uncomplicated and flexible
Alan Milne's Contract Hire option makes managing your budgeted outgoings easy with regular fixed rentals and no fleet depreciation to worry about. And with many of options with which to tailor your agreement to what you need, you can concentrate on your business without worrying about your cars and vans Contract Hire agreements include:
To find out more about the benefits and options of Alan Milne Contract Hire for your business, don’t hesitate to call our Sales Department on 01343 535533