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Finance Specialists

Decision in 60 seconds

It couldn't be easier to apply for car finance. All you have to do is fill in our simple-to-use online form.

Once your information has been submitted, we'll get back to you as soon as possible.

Guide to car finance

Here at Marshams, we want to make funding your next car as quick and easy as possible. 

We are partnered with a range of lenders, such as; Santander, Motonovo & Northridge to give you access to a range of finance options and best possible finance rates, matched to your individual needs, with all circumstances considered.

Car finance gives you the opportunity to buy the car you want now, rather than having to spend what might be a very long time saving up to buy it.

Although the use of your savings is, of course, one option, there are also a number of alternatives - such as Personal Contract Purchases (PCPs) and Hire Purchase (HP) agreements.

What is hire purchase (HP)?

HP is one of the most commonly used forms of car finance.

Regular, fixed monthly instalments are made over an agreed period of time, typically up to a maximum of 5 years.

If at any point during the agreement you have the funds available to pay the outstanding balance, you can ask for a settlement figure and on payment of this, the car becomes yours.

It's important to remember that you don't actually own the car until the final payment is made, so if you default on the repayments this could eventually lead to it being taken back from you - or "repossessed".

There are HP options available to suit a range of credit circumstances, including bad credit.

What is a personal contract purchase (PCP)?

This is a flexible finance option that gives you the use of the vehicle for a fixed period of time, after which you can choose to purchase the car outright or hand it back.

With this option, you make regular monthly payments over a period typically of 36 or 48 months.

During this time, you're effectively leasing the car rather than buying it. This means the fixed monthly instalments are generally lower than with other finance options.

At the end of the agreed period you make the decision as to whether you want to give the car back or buy it outright. If you want to buy it, you'll need to make a one-off 'balloon payment'.


Hopefully the information above has helped you to understand what finance options we offer. Remember, with any finance agreement, you're committed to making repayments of the agreed amount over the term of the loan.

That's why it's so important to ensure that you get the most appropriate finance option for you, one where you can comfortably afford to meet the repayments on your car and at a cost-effective price.

Knightrider Motor Company Ltd T/A Marshams is a credit broker, not a lender. We act as a credit intermediary and we only offer credit products from several selected lenders including but not limited to, Santander, Motonovo and Oddle. Our remuneration is a commission payment payable by the funder. We do not take credit for payments due until the funding has been paid out. You are entitled, at any time to request information regarding any payment which we may have received as a result of placing your finance with a funder.

Knightrider Motor Company Limited T/A Marshams is authorised and regulated by the Financial Conduct Authority for Consumer Credit activities and is an Appointed Representative of TRACS, a trading division of FISC Limited, which is authorised and regulated by the Financial Conduct Authority for General Insurance. Our FCA Register number is 686188