FINANCE

Here at Marsh Powersports we offer finance in order for our customers to spread the cost of
purchasing a vehicle.
There are two different types of finance we offer.

1. Personal Purchase Plan
2. Personal Contract Purchase
   Our most popular type is: Personal Purchase Plan.
   Please note: If you apply for finance via our website (marshpowersports.co.uk) you will be applying
   for a Personal Purchase Plan.
   Finance is available across all our vehicles if the purchase value is more than £1000.00.

What information do you need to provide to apply for finance?

When applying for finance you will be required to supply certain personal information, as well as to
confirm your identity.
You will need to provide a valid full UK driving licence, or an in-date UK Passport. We may also ask
you for further proof of your address dated within three months of the submission of your
application. An acceptable proof of address includes a bank or credit card statement, utility or
council tax bills, mortgage statements or tenancy agreement.
What is taken into consideration when applying for finance?
The finance supplier looks at your credit score, credit history, income, and affordability.

If you have any further questions, you would like answered before applying for finance, our sales
team will be happy to help. Call us on 01685 385201.

Personal Purchase
What is Personal Purchase Finance?
A simple way of financing that gives you the certainty of a fixed interest rate, and fixed monthly
payments throughout the agreement. The initial deposit and repayment period can be structured to
help meet your budget and the length of time you expect to keep the vehicle. You can trade in your
existing vehicle and put this towards the initial deposit, or if you wish, just put down a cash deposit.

How does it work?
The agreement can be structured to meet your individual requirements based on the vehicle, the
agreement duration required, the available deposit and your monthly budget.
After paying the initial deposit you make regular monthly payments to cover the amount borrowed
plus any interest and fees
The interest rate is fixed which means you’ll know exactly how much you will repay throughout the
term of the agreement.
Benefits
1. A fixed rate of interest and a fixed monthly payment, allowing you to budget with confidence.
2.A simple loan that allows you to repay the amount payable with equal instalments.

Other things you should know
The product is usually suitable if you have little or no deposit. However, the outstanding balance
may be greater than the value of the vehicle if you settle early or want to change the vehicle before
the end of your finance agreement.

This type of agreement is covered by the Consumer Credit Act 1974, which means:
You can pay off lump sum amounts during the agreement.
You can settle the agreement early by repaying the required amount.
Following an accepted application, Santander Consumer UK will fulfil your Purchase Plan as either a
Conditional Sale Agreement or a Fixed Sum Loan Agreement.

What does this mean?

Conditional Sale: The agreement is secured against the vehicle. If you do not keep up your
repayments, we may take steps to recover the money that you owe us, which may include
repossession of the vehicle. Only when all payments under the agreement have been made do you
become the owner of the vehicle.

Fixed Sum Loan: You own the vehicle right from the start of the loan. You will have no right to
terminate the agreement early (under a voluntary termination through the Consumer Credit Act
1974). You may only use the loan for the purchase of the agreed vehicle.

Personal Contract Purchase
Please note: This finance is only available on selected vehicles (Not including Motocross, Enduro, or
trails bikes). If you would like to enquire or apply for a Personal Contract Purchase please call our
sales department on 01685 385201, as this type of finance is not available to apply for via our
website.