Magnitude Finance is proud to be a patron of the BRDC’s Young Driver Program.
For BRDC members, we offer a concierge car finance service with preferential terms. With access to the most competitive rates from a panel of over 20 specialist prestige and performance car finance lenders, we can quickly search for and recommend the best deals and offers for you.
Magnitude offer PCP, hire purchase and balanced payments facilities as well as refinance and equity release.
We have years of experience looking after car enthusiasts, professional sportspeople and High Net Worth Individuals.
Before you purchase your next vehicle contact us to find out what we can do for you, call 01943 660703 or email us at BRDC@magnitudefinance.com and let us know you are a member of the British Racing Drivers Club.
Under a Hire Purchase agreement, you usually pay a deposit at the start of the agreement. You then pay the rest of the value of the car in instalments, over a period of between 3 and 5 years.
A Balanced Payment Plan offers the benefits of a fixed monthly payment, however tracks the changes in the finance house base rate, LIBOR or bank base, depending on the agreement.
PCP is a popular way of financing a vehicle and is usually based upon a Hire Purchase agreement. The main difference is that the vehicle’s value at the end of the agreement is calculated at the start.
We have access to a number of specialist lenders that will look at high value vehicles over £1 million, classic and exotic cars, refinancing existing deals, equity release or even assets other than vehicles.
Representative example - Aston Martin Vantage
£87,500
| Deposit | £10,000 |
| Amount of credit | £77,500 |
| Total amount payable | £112,732.02 |
| Final instalment/balloon | £50,582.70 |
| Interest Charges | £25,232.02 |
| Regular monthly instalment | £1,109.56 |
| Duration of agreement | 48 months |
| Representative APR | 8.8% |
| Type of interest | Fixed |
*This PCP example is for illustration purposes only. Please contact our finance team for a tailored quotation.
Call us and get a tailored quote on your chosen car (or apply online).
When you are happy, we’ll create and submit your application to your chosen lender.
Once approved, pay a deposit to the dealer and sign & return the finance documents to us.
We pay the dealer - you pick up your new car!
With over 30 years in business building strong relationships with consumers, dealers and manufacturers, no other prestige car finance specialist can match our experience.
As part of DSG Financial Services we have been able to negotiate the very best terms from our lenders on behalf of our customers, so you can expect lower rates than most of our competitors are able to offer – just try us and see.
Magnitude work in your best interests – not those of manufacturers or dealers – to always offer the best overall package for you.
Alex Baldwin was very efficient and helping me process my car finance. He kept me updated on all stages of the process. Highly recommended and very happy with the service.
cannot recommend Jack enough, sorted finance on my deal, and went smooth considering the dealers rates were awful compared to the magnitude
Got offered a HP finance APR of 6.8% couple of months ago compared to Charles and dean which was at 9.8%. Many thanks to Tom for arranging this.
Second time using magnitude now and once again a flawless experience, have dealt with Alex both times and will be sure to use him again, don’t hesitate before using these guys
Bought my 911 turbo through magnitude finance, was my dream car ever since I’ve been able to drive and they made it happen ! Look no further for your car financing ! Top class !
