At Waylands we have trained finance specialists within all of our dealerships who pride themselves in offering outstanding customer service and assisting customers in finding the right funding solution to suit their pocket and individual circumstances. With clear agreements and competitive finance packages available to suit your needs, we're confident we can help you get something special on your driveway.
If you already know which finance option will suit your needs, you can browse all of our new & used stock and either reserve for £99 or apply for finance and complete the transaction online.
Personal Contract Purchase (PCP) is a finance product that allows you the opportunity to buy a new or a used car.
If you like to change your car every 2-3 years, then the Volvo Car Advantage personal contract purchase plan, is perfect. By deferring part of the cost to the end it means you can reduce the length of your agreement, and at the end you have the flexibility to keep,exchange or return your vehicle.
What makes PCP different to Conditional Sale (CS) is that your monthly instalments are paying off the depreciation of the car, and not its entire value, over the course of the term. Then, when you get to the end of your agreement, there is a final, balloon payment that must be made if you want to keep the car. The balloon payment is often referred to also as the Guaranteed Future Value (GFV).
A car subscription is a risk-free, hassle-free and time-freeing alternative to buying or leasing a new car. Truly flexible. Easy to start or stop. With services you need, for a clear cost. So just like TV, music or news, you can now subscribe to a brand new Volvo car. No deposit, no long-term contract, no hidden costs. Just a clear monthly fee that covers most practicalities. All done online. And if life changes, your subscription changes with you. You can switch car or simply cancel with just 3 months’ notice. You can even try a car for 30 days with insurance, no notice period – and get it delivered direct to your door. Our pre-built cars are ready for you within 1 month. Read more.
You order the car you want online – in minutes. No deposit, just a clear monthly fee. No haggling, no hidden costs, no hassle. Your monthly fee includes these time-saving extras:
Unlike buying a car or some personal car leasing, Care by Volvo comes with no deposit, no long-term contract and no hidden costs. You pay a clear monthly fee for your favourite Volvo – and get top-class features, time-saving extras and most operating costs included.
Why not take a risk-free trial and find out for yourself? The first 30 days include insurance and no exit fee, so there’s no big commitment. Then continue your subscription with our comprehensive insurance offer (or buy your own), and change your car or simply cancel – with only 3 months’ notice.
Conditional Sale is a method of obtaining goods e.g. a vehicle, pay for the use of the vehicle over a pre- agreed period and at the end of that period, once an Option to Purchase Fee has been paid, the goods become your property. To find out more about Conditional Sale, including important things you must consider before taking out an agreement, click on the link above.
The short answer is yes, you can end your finance early. There are different provisions within each finance agreement that allows you to do just that. If you have got through two-thirds of the way through your finance agreement, the options to end the finance agreement early open up.
For a Conditional Sale agreement, there is an option of paying it off early through a settlement fee. A settlement fee covers the cost of any remaining unpaid instalments and interest payments remaining on the agreement. Once the settlement fee is paid, you take full ownership of the car early.
Under a Personal Contract Purchase agreement, you can also pay a settlement fee for bringing the agreement to an end early. After that, you can choose to hand the car back or you have a second option. Through a PCP agreement, you can take full ownership of the car by paying off the remaining Guaranteed Minimum Future Value also known as a balloon payment.