How Does Our Car Finance Calculator Work?
Our Car Finance Calculator is designed to help you find the perfect loan for the vehicle you are looking to buy. We supply loans for a range of vehicles including prestige cars, commercial vehicles, motorcycles, construction vehicles, horse boxes and agricultural vehicles.
How Does It Work?
Our innovative car finance calculator works by showing you what your monthly repayments are likely to be based on what the cost of your loan is and how long you were planning on borrowing the money for.
We’ll then show you the repayments based on a low, moderate and high APR.
This allows you to know all the finance options that are available to you and hopefully allow you to find the car of your dreams. This means there are fewer surprises when planning your finances.
Why Choose Forza Finance?
We’re a specialist finance company who have been providing and sourcing loans for customers for over 40 years. Our team of dedicated Finance Advisors are on hand to guide you through every step of your financing process and we work closely with a wide range of suppliers to ensure a positive outcome for all our customers.
What Do I Need?
When applying for a car finance loan you’ll need certain documents to ensure that you are eligible for car financing. These documents include:
- Proof of address – this can be a recent bank statement or utility bill.
- Bank account details – we’ll need this to take the monthly repayments
- The vehicle’s details – this will help us work out the best loan for you
- Contact information – we’ll need this to contact you when we’re ready to proceed
Once we have all the information, we can move forward with finding you the best deal.
The Type of Loans We Offer
Hire Purchase (HP)
Hire purchase allows you to pay an initial deposit which can be between 5-50% of the price of your vehicle. You’ll then split the rest of the cost into the manageable monthly payments.
Personal Contract Purchase (PCP)
A PCP contract allows you the opportunity to decide what to do with the vehicle after you’ve paid off the monthly payments. The loan period tends to be shorter than the standard Hire Purchase loan but you’ll pay more back a month.
Also known as a Balloon Hire Purchase a Lease Purchase loan will allow you to have smaller monthly repayments because of the lump sum loan at the end of the repayments. As well as this you’ll be able to decide what to do with the vehicle at the end of the loan.