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Finding and financing the right car for you can be a daunting task. However, with Wave Car Finance, your car-buying journey becomes easier and more convenient. As a trusted motor trader that offers a comprehensive range of services, Wave can help you find and finance your next car easily and quickly. Whether you're looking to buy, finance, or lease a new or used car, Wave has got you covered.
Buy, finance, or lease a car with Wave
At Wave Car Finance, we understand that every individual's needs are different when it comes to acquiring a vehicle. That's why we offer three flexible options: buying, financing, or leasing a car. Let's take a closer look at each option:
Buying a car
If you prefer full ownership and want to keep the vehicle for an extended period, buying a car might be the right choice for you. Wave Car Finance has an extensive stock of new and used cars to choose from, ensuring you'll find the perfect vehicle that meets your likings and fits your budget.
Car finance
If you're looking for more flexibility and lower upfront costs, financing your car through Wave Car Finance is a great option. By spreading the cost over affordable monthly payments, you can drive away in the right car for you without breaking the bank. Wave works with a diverse panel of lenders to offer competitive interest rates and flexible repayment terms to suit your financial situation.
Car leasing
For those who prefer driving a new vehicle every few years and enjoy lower monthly payments, leasing a car is an attractive option. Wave Car Finance offers great lease deals on a wide range of vehicles, allowing you to experience the thrill of driving a new car without the burden of ownership.
Car Finance: Our Simple Process
At Wave Car Finance, we understand the importance of a seamless and hassle-free car finance process. That's why we've developed a straightforward journey to make your experience as smooth as possible. Here's how it works:
Check your eligibility
Begin by completing our simple online application form, or give us a call and one of our friendly team will take the necessary details about yourself and your financial circumstances. This information helps us carry out a soft credit check – with no impact to your credit score.
Quick decision
Once you've submitted your application, our team will review it promptly. We work with a panel of lenders to ensure we find the best possible finance options for you. At this stage, we could provide you with a tailored car finance solution that suits your needs. You can expect a quick decision, usually within minutes.
Vehicle selection
After your finance is approved, you'll have access to our extensive list of new and used cars. Choose the vehicle that fits your requirements and budget. If you're not sure which car is right for you, our knowledgeable team will be happy to assist you.
Documentation and completion
Once you’ve selected your car, we’ll guide you through the necessary paperwork. We aim to keep paperwork and jargon to a minimum, so our team will ensure you have a clear understanding of the terms and conditions of your finance agreement. Once all documents are signed and completed, you can choose fast nationwide delivery or collect your car from our north-west location. Drive away with peace-of-mind knowing you have a 14-day money-back guarantee.
Why should I choose Wave to finance my next car?
Choosing the right car finance provider is crucial to ensure a smooth and satisfactory experience. Here are a few reasons why Wave Car Finance stands out:
Extensive vehicle selection
Wave Car Finance offers a wide-range of new and used cars, ensuring you'll find the perfect vehicle to suit your preferences and budget. Our inventory is regularly updated, giving you access to the latest models and top-quality used cars. Whether you're looking for a brand-new SUV or a great used city car, we have access to the latest models and different vehicle types to meet your needs and reflects your style.
Competitive rates and flexible terms
We work with a panel of lenders who are equipped to provide competitive rates and flexible finance options. At Wave, we understand the importance of finding affordable solutions that match your financial circumstances. By comparing multiple lenders, we ensure that you receive the best possible terms that suit your financial situation. We strive to make car ownership accessible and affordable for everyone.
Transparent and supportive
We pride ourselves on providing a transparent and supportive experience. From initial application to the final paperwork, our team is available to answer any questions and guide you through the entire process. We ensure that you have a clear understanding of the terms and conditions, eliminating any confusion, jargon, or surprises along the way.
Excellent customer service
At Wave Car Finance, we prioritise excellent customer service. Navigating the world of car finance can be overwhelming, so we want to make your car-buying journey a hassle-free and positive one. Our friendly team of knowledgeable experts realise the complexities of car financing can be confusing. They can provide valuable and personalised guidance and advice throughout the process. Whether you have questions about different finance options or need help selecting the right vehicle, we’re dedicated to helping you make informed decisions.
14-day Money-back Guarantee
When you receive your car, it will have gone through an extensive 124-point interior and exterior check, ready for you to take out on the roads. We’re confident that you’ll love your car, but if you find that it doesn’t suit your needs, let us know within 14 days of delivery or collection. Provided the car is in the same condition as when you received it, we will refund you or offer an alternative if you wish (T&Cs apply).
What are the different types of car finance?
When it comes to car finance, understanding the different options available is crucial. Here are three common types of car finance that we offer:
What is Personal Contract Purchase (PCP) and how does it work?
Personal Contract Purchase (PCP) is a popular financing option that offers flexibility and lower monthly payments. With PCP, you make fixed monthly payments over a specified term, usually two to four years. At the end of the term, you have three options: returning the car, purchasing it by making the final balloon payment, or using the car's value to finance a new vehicle. PCP allows you to enjoy driving a new car while keeping monthly costs affordable. This is because your payments are based on your selected annual mileage and the difference in vehicle value from the start to the end of your contract term – also known as depreciation.
What is Personal Contract Hire (PCH) and how does it work?
Personal Contract Hire (PCH), also known as car leasing, provides the opportunity to drive a new car without the burden of ownership. With PCH, you pay an initial deposit, though Wave Car Finance offers several zero deposit options too, and you go on to make fixed monthly payments for a predetermined term, typically two to five years. At the end of the term, you return the car to the leasing company. PCH offers lower monthly payments and allows you to experience the joy of driving a new vehicle without worrying about depreciation or selling the car. Additionally, you can also choose to add maintenance for a small extra fee per month which covers you for everything from the tyres to regular servicing.
What is Hire Purchase (HP) and how does it work?
Hire Purchase (HP) allows you to spread the cost of purchasing a vehicle over a fixed term, usually one to five years. With HP, you make monthly payments that cover the car's cost, plus interest, until the full amount is repaid. While you don't own the vehicle until the final payment is made, HP offers the benefit of eventual ownership. you don't own the vehicle until the final payment has been made, and in some instances, there may be a final option to purchase fee which varies from one manufacturer to another but could be as little as £1. Once all payments are completed, ownership is transferred to you.
Which car finance type is right for me?
Choosing the right car finance type depends on your individual circumstances and preferences. Consider factors such as your budget, desired ownership, and your inclination to drive a new car regularly. Personal Contract Purchase (PCP) may be suitable if you prefer lower monthly payments and the flexibility to choose between keeping, returning, or upgrading your car. Personal Contract Hire (PCH) is a good option if you enjoy driving a new car every few years and prefer lower monthly payments without ownership responsibilities. Hire Purchase (HP) is ideal if you want eventual ownership of the vehicle and fixed monthly payments spread over a longer period of time without the uncertainty of mileage restrictions or end-of-term charges.
We consider all credit backgrounds
At Wave Car Finance, we understand that everyone's financial situation is unique. We believe that past credit challenges shouldn't hinder your ability to secure car finance. Whether you have excellent credit, a less-than-perfect credit history, or are self-employed, retired, or have an IVA in your past, we consider all credit backgrounds. Our dedicated team works with a wide panel of lenders, giving us the ability to find suitable finance options tailored to your circumstances. We strive to help you get behind the wheel of your ideal car, no matter your credit background.
Contact Wave Car Finance
If you're ready to explore your car finance options or have any questions, the friendly team at Wave Car Finance can help. Contact us today on 01200 760230 to take the first step toward finding and financing your next car. Or, click the button below to send us your enquiry details and a member of the team will be in touch shortly. Let Wave Car Finance turn your car buying, financing, or leasing requirements into reality.