At Pentagon we believe buying your next car should be as enjoyable and hassle-free as possible. That's why we make sure there's no pressure and no pushy sales advisors in any of our showrooms. We simply want to help you choose your next vehicle at your own pace and in your own time. The same goes with paying for your new vehicle.
We know searching for the right loan can be a minefield. There's so much choice out there and it's often difficult to know if you are getting the best value for money.
At Pentagon, we have a SAF approved finance specialist at each dealership who can help you find the best way to buy your new vehicle.
Fixed Rates
Your regular payment will not change during the course of your agreement no matter how much the Bank of England base rate fluctuates.
Low Deposit
We only need a small deposit of £99 on the vast majority of deals. Some even require no deposit at all!
Easy To Arrange
There are no forms to fill in. All you will be asked for are a few basic details at the time of the sale and to bring your driving licence into us prior to collection.
At Pentagon we offer two main types of vehicle loans, Traditional finance (or Hire Purchase) and Low Payment Plan Finance (or Personal Contract Plans).
The Pentagon Low Payment Plan – also known as Personal Contract Purchase (PCP) – is a popular and flexible method of paying for a vehicle. It is similar to Traditional Finance but the payments are usually lower because there is an optional final payment (Guaranteed Future Value) that reflects a percentage of the anticipated value of the vehicle at the end of the agreement. At this point you can choose to pay the final payment or simply return the vehicle to the finance company. Choosing to pay for your vehicle this way often means you can drive a higher specification vehicle for a lower monthly payment.
Affordability
With part of the car's value deferred until the end of the agreement, the monthly payments are lower than with many other finance plans.
Fixed interest rate
Even if other interest rates go up, the interest rate on your finance repayments will not be affected.
Financial security
With our Guaranteed Future Value you have the security of knowing the value of your car at the end of your agreement.
Choice
At the end of your agreement you can make the final payment and keep the car, hand it back, or trade it in. And there's no need to decide what to do until then.
Traditional Finance - also know as Hire Purchase (HP) - tends to suit the buyer who intends on keeping the vehicle for longer than the term of the loan. Your deposit is deducted from the total cash price of the vehicle to give a balance that requires financing. Interest is then added and the total of the balance and interest is then repaid in equal instalments throughout the life of the loan via monthly repayments, usually over a 2, 3, 4 or 5-year agreement (whichever you prefer). This is the simplest and most popular method of buying a car with finance. After you've made your final payment at the end of your agreement, the car is yours.
Fixed repayments
At the beginning of the agreement, both the amount you will pay every month and the repayment period is fixed and will not change.
Fixed interest rate
Even if other interest rates go up, the interest rate on your finance repayments will not be affected.
Flexible payment terms
Choose the length of the repayment period to suit your budget. You can choose between 12 and 60 months, it's entirely up to you.
Low or no deposit
You could choose to either part exchange your current vehicle and use that amount as your deposit, or put down no deposit up front and finance the whole amount.
Car Finance Checker is a fast, free and easy way to find the car finance deal that best fits your credit profile.
Click on any new or used car and our simple service will let you check your finance eligibility on the vehicle you want to buy. Car Finance Checker uses a sophisticated credit decision making engine which predicts the likelihood of you being approved for finance from a range of approved lenders.
Car Finance Checker is free, without obligation and, importantly, does not impair your credit profile or rating.
Our Specialist Automotive Finance (SAF) Approved status recognises our commitment to increased professional standards and motor finance knowledge.
At Pentagon all our dealerships are SAF Approved and all our customer facing employees who are involved in the sale of finance have passed the SAF competence test.
Representative Hire Purchase Example
| Cash Price | £8995 |
| Deposit | £176.10 |
| 1st Monthly Payment | £326.10 |
| 58 Monthly Payments | £176.10 |
| Final Monthly Payment | £326.10 |
| Amount Of Credit | £8818.90 |
| Total Amount Payable | £11042.10 |
| Total Charge For Credit | £2047.10 |
| Fixed Rate of Interest p.a. | 3.96% |
| Duration (Months) | 60 |
8.9% APR Representative
Total charge for credit includes a £150 initial acceptance fee payable with the first payment and a £150 option to purchase fee payable with the final payment.
Pentagon is a credit broker and not a lender.
The limited companies trading as Pentagon are authorised and regulated by the Financial Conduct Authority to act as a credit broker. For a list of these limited companies click here. Each company acts as a credit broker, sourcing credit to assist our customers purchases from a carefully selected panel of lenders. Lenders may pay us a fee for these introductions. A guarantor may be required. All offers and credit subject to status, terms and conditions. Applicants must be 18 years or over.
The APR is dependant upon your individual circumstances, the term and loan amount.
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