Baytree is fully authorised and regulated by the Financial Conduct Authority (FCA). Our sales staff are Specialist Automotive Finance (SAF) qualified experts.
We have a direct partnership with Alphera Financial Services enabling us to provide very competitive quotations. The aim is to provide a transparent informed service, ensuring customers are fully aware and understand the different options that are available to them.
HP - Hire Purchase
With hire purchase, you put down a deposit that suits your budget. You then pay the rest of the value of the car in instalments, over a period of two to five years.
You are in effect hiring the car until you make your final payment, after which you will own the vehicle.
PCP - Personal Contract Purchase
Pay any deposit and then the monthly repayments until the end of the agreement. Then you have three options – pay the optional final payment to own the vehicle, hand the vehicle back to the lender and walk-away or hand the vehicle back and use any equity in the market value of the vehicle over the optional final payment as a deposit towards a new finance agreement.