Finance

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.

PCP Finance


Personal Contract Purchase (PCP), is our most popular finance product. This is because of its key feature, which we call the Guaranteed Future Value (GFV). This can be a flexible alternative by deferring a proportion of the car’s total value until the end of the agreement as an optional final payment. This amount is the GFV and is the key to how PCP works

How it works


Simply choose a vehicle you like, and we’ll arrange a finance plan that suits you, taking into consideration the contract length (typically between 24 and 48 months), an estimation of your annual mileage and your deposit contribution. Whether you have a monthly payment or particular deposit in mind, we can tailor a repayment plan to suit your budget and lifestyle.

The importance of the GFV is that it lets you keep your options open at the end of your agreement. Your decision will be based on the future value of the car, which is why it’s important to accurately estimate your mileage. Depending on what the actual market value is when you come to change your car next time, you have the flexibility to select from one of the following options:

  • Pay the optional final payment and own your vehicle*
  • Part-exchange your vehicle and choose another vehicle**
  • Hand the car back***

In both the first two options, if the value of your car is more than what we predicted for you in the GFV, you get the benefit.

If the GFV does not meet the market value, you are protected by the guarantee in the third option, do not have to pay the final payment, and can hand the car back to us. However, your decision will need to factor in any additional charges relating to excess mileage and the condition of your car, which will influence the final market value.

Terms and Conditions
*The optional final payment (together with a credit completion fee and an option to purchase fee) are payable at the end of the agreement if you decide to purchase the vehicle. We remain the owner of the vehicle during the agreement and we may become entitled to recover the vehicle if you do not keep up your repayments.

**If you part exchange the vehicle for a new vehicle, any surplus in the vehicle’s part exchange value over the optional final payment (and credit completion fee and option to purchase fee) can be used as a deposit towards a new vehicle.

*** If the vehicle’s value is less than the optional final payment, you can pay the credit completion fee and hand it back to us without paying the optional final payment. However additional charges may be payable for both excess mileage (actual mileage higher than agreed contract mileage) and vehicle condition (using the standards set by the British Vehicle Rental and Leasing Association (link to BVLRA vehicle condition guide). If your agreement is regulated by the Consumer Credit Act, this contractual option will be in addition to your statutory right to end the agreement early

Hire Purchase


If you’re interested in owning a new or used vehicle at the end of your finance agreement and making fixed regular payments with no mileage restrictions, Alphera Hire Purchase could be the finance solution for you.

How it works


We can tailor a personal plan to suit you based on your available deposit, how much you would like to pay monthly and how long you would like the agreement to last (typically between 24 and 60 months). The purchase price of your car, less the deposit you wish to put in, becomes the balance on your agreement. Any interest and fees are then added and the total is repaid monthly over the term you choose. Once all payments have been made at the end of the agreement, you own your vehicle.*

Terms and Conditions
* Provided you have made all of the necessary payments due under your agreement, including an option to purchase fee at the end. Please note, we remain the owner of the vehicle during the agreement and we may become entitled to recover the vehicle if you do not keep up your repayments.

Latest Vehicles

Top