FINANCE AND INSURANCE
H.R. Owen Financial Services work with other specialist vehicle finance houses to offer a wide choice of payment plans and insurance policies tailored to your specific needs and circumstances and the intended use of your Used Car.
We offer the traditional loan arrangements of Hire Purchase and Lease Purchase agreements at competitive rates. These packages enable you to fix your monthly repayments at a predictable level depending on your deposit (in the case of Hire Purchase) or "balloon" payment (in the case of Lease Purchase). In many cases we are also able to offer Personal Contract Plans (PCP), the benefit of which is the guaranteed future value of the car.
We are fully regulated by the Financial Services Authority. This is because we offer our Specialist Cars customers advice relating to insurance products that are specifically designed to protect the value of their car.
We find that a lot of our customers like to be protected from unexpected expense relating to damaged or punctured tyres; the cost of tyres on our cars is rarely less than £400 per wheel. Equally important is the issue of ‘Guaranteed Asset Protection’, known as GAP insurance. In the event of a total loss claim insurance companies usually pay out the current market value of a vehicle, not the price you actually paid for the car. In fact, as time passes the gap between your vehicle’s initial cost and its market value will increase. GAP insurance will at least partially compensate you in the event of a claim.
With a dedicated business manager at each site, we provide an excellent knowledge of vehicle finance options and insurance policies and will be delighted to discuss the available fiscal options with you. Contact H.R. Owen Specialist Cars to find out more about our range of finance and insurance arrangements.