Rates from 8.9% APR  - 8.9% APR Representative

Business Car Finance - Bespoke options for business

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WE ARE A CREDIT BROKER, NOT A LENDER
Business Car Finance

BUSINESS CAR FINANCE

Looking to finance your next business car?

You’re in the right place.

Thanks to generous grants from the government, electric cars have become the favoured option for those looking to save themselves some money when it comes to vehicles for their business, as well as help preserve our planet. Business car finance can also offer you more benefits depending on the car and certain criteria.

From Audi to Tesla, we’ve got you covered when it comes to business car finance, contact one of the team for a chat about what options you have available.

Get in touch

Finance Types

Hire Purchase

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.

Balanced Payment Plan

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.

Personal Contract Purchase

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.

Specialist Facilities

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 - Polestar 2
FINANCE EXAMPLE

Representative example - Polestar 2

£31,000

Deposit £5,000
Amount of credit £26,000
Total amount payable £38,890.40
Final instalment £15,081
Interest Charges £7,889.40
Regular monthly instalment £400.20
Duration of agreement 48 months
Representative APR 9.9%
Type of interest Fixed

*This finance example is for illustration purposes only. Please contact our finance team for a tailored quotation.

How it works

Our finance calculator and concierge
service makes financing your car simple.

How it works
1

Call us and get a tailored quote on your chosen car (or apply online).

2

When you are happy, we’ll create and submit your application to your chosen lender.

3

Once approved, pay a deposit to the dealer and sign & return the finance documents to us.

4

We pay the dealer - you pick up your new car!

Already found your dream car?
Use our calculator to get an estimate for your finance

Use the calculator

Magnitude offers multiple finance options for business use, contact one of the team to discuss yours.

Why choose Magnitude?

  • Competitive rates
  • Wide choice of agreements and lenders
  • Expert advice
  • Fast response times
  • Ethical lenders
  • Part of DSG Financial Services – 30 years of experience

Our experience is unrivalled

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.

Our commitment

Magnitude work in your best interests – not those of manufacturers or dealers – to always offer the best overall package for you.