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“The Cheaper Route to your New Car or Commercial Vehicle”

0845 612 3341

Finance Options for New Car Purchases

Buying a car is a big decision and is certainly one of the largest purchases the majority of us will make. In these cost conscious times it's becoming increasingly important not only to find the right car to suit your own personal needs, but also the best way of paying for it.

With the majority of cars on the road now being purchased through some form of finance, the various options on offer are worthy of serious consideration by every car buyer. Here you will find the full details of the finance options available, their advantages, disadvantages and suitability for your intended vehicle purchase.

Please take a look through our fuss free understanding of the options available before contacting one of our friendly team on 0845 612 3341 or by emailing

Hire Purchase

Hire Purchase is a simple and popular way of purchasing a vehicle, with worthwhile tax advantages for businesses. If ownership is a priority, this is an extremely cost effective method of borrowing.

Cashflow Benefits

Paying an initial deposit, calculated as a percentage of the total cost this is followed by fixed monthly repayments; which allows you to budget monthly expenditure precisely in advance.

Tax Implications

Business users may claim tax relief on the interest charged. The vehicle is also classified as an asset, which allows it to be written down against taxable profits by 25% or £3000 (maximum per annum).

Who owns the vehicle at the end of the agreement?

At the end of the agreement, which may be from 1 to 5 years, you become the outright owner of the vehicle.

Financial Disclosure

We work with a number of carefully selected credit providers who may be able to offer you finance for your purchase. We are only able to offer finance products from these providers.

Sonnauto (UK) Ltd is an appointed representative of Product Partnerships Limited which is authorised and regulated by the Financial Conduct Authority. Product Partnerships Limited FCA registration number is 626349 and its address is Salts Piazza Offices, Salts Mill, Victoria Road, Saltaire, BD18 3LA. Product Partnerships Limited’s permitted business is to act as a Principal for a network of Appointed Representatives who arrange regulated credit facilities for customers who are purchasing goods from them.

Sonnauto (UK) Ltd act as a credit broker not a lender. We can introduce you to a limited number of lenders who may be able to offer you finance facilities for your purchase. We will only introduce you to these lenders. We may receive a commission payment from the finance provider if you decide to enter into an agreement with them. You may be able to obtain finance for your purchase from other lenders and you are encouraged to seek alternative quotations. If you would like to know how we handle complaints, please ask for a copy of our complaints handling process. You can also find information about referring a complaint to the Financial Ombudsman Service (FOS) at

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0845 612 3341

Our Guarantee

  • Brand new UK Main Dealer Supplied
  • Full manufacturers warranty
  • 12 months Road Fund Licence
  • 1st Registration Fee
  • Number Plates
  • Manufacturer Breakdown Cover
  • Excellent finance rates

Sonnauto UK Ltd is an active member of the Federation of Small Businesses