Finance and Insurance at Harbour Garage Kia

Harbour Garage Kia (Whitstable) Kent offers a choice of 2 simple finance packages for personal customers:

1. Hire Purchase

2. PCP - Personal Contract Purchase

PCP was designed specifically to be a personal contract for private individuals. Seen as a way to avoid the depreciation trap, a PCP agreement allows you the option to setup a contract with monthly payments. A number of factors are considered for the monthly contract price to be calculated: How much the vehicle costs new, how much deposit paid, how long the contract will be over (usually 24-42 months), how many miles you are intending to do and a GFV (Guaranteed final value) is then generated (sometimes this is known as a balloon payment).

When your agreed contract term comes to an close you have 3 options:

1. Pay the GFV (Guaranteed final value) and take the Kia car away - its yours

2. Hand back the Kia car and walk away - but you wont get any of your deposit or repayments back

3. Use the GFV of the Kia car as a deposit towards your next car

We aim for you to be able to use the difference between the GFV (guaranteed future value) and the actual real value of the car as a deposit towards your next KIA.

The benefit of PCP is its a fixed monthly payment that is usually lower than any other form of finance.

Payment protection plan

Financing your Kia car is a sensible way to spread your cost, and our payment protection plan lets you protect your monthly repayments. If you had an accident, fell ill or lost your job, your monthly repayments would be the last thing you would want to worry about. Thats why we have developed a range of payment protection plans to protect both our private and business customers. There are three different cover options: Gold, silver and bronze cover. Options are available to both private and business customers.

GAP plan or return to invoice (RTI)

Did you know that if your new or used vehicle was written off as a result of an accident, fire, or theft, your motor insurance company would only pay the current market value of the vehicle, and not what you actually paid for it? If you wanted to replace your vehicle you would have to find the difference, or if you had taken out finance to spread the cost of paying for your vehicle then you could find the amount you recieve from your finance company was less than the amount you still owed on your credit agreement.

In either event , you could be out of pocket ? This is where finance GAP guaranteed asset protection cover can help you. Our return to invoice price GAP does exactly what it says- it will return you back to the original position you were in when you first purchased the vehicle, cover is available for a maximum of three years and at a total claim limit of £25,000. For further details please speak to one of our sales staff who will be happy to assist you.

Easy to arrange, simple documentation, full range of products, payment protection insurance, flexible options tailor made, exceptional rates, and backing of a national financial institution. Please call on (01227) 261477 or email to discuss your individual requirements on 1109rmiller@kiakom.net

Please call our Kia product specialists on (01227) 261477 for any advice on your financial needs. We can advise on a tailor made quotation for you and guide you through all the technical jargon and allow you to make the right decision that suits your needs perfectly.