Car Finance Information from Lifestyle Motor Group

Buying a car from the Lifestyle Motor Group means buying from a company that is registered with the Financial Conduct Authority, and offers industry leading customer service. Whether you're looking for a new or used, car or light commercial vehicle, we can provide competitive finance tailored to your individual circumstances.

Our personalized finance plans, which are only supplied by a limited number of Companies, will ensure you to buy in the knowledge that you're taking advantage of a purchase plan that is as well constructed as the vehicle you are driving.

Our Sales Team is trained to help you choose the most appropriate scheme, but you must always be sure that you will be able to make the payments for the duration of the agreement. They will also provide, at the appropriate time, a written quotation that is easy to understand and free from jargon. When you have chosen the most suitable scheme we will propose you to the Finance Company who will perform some credit checks, and authorize the loan. Once accepted, all you will then need to do is sign the agreement before taking delivery of your new car.

Which car finance scheme is best for your needs?

Currently the most popular option, especially with new car buyers, is the Personal Contract Purchase (or PCP). A portion of your car's value will be deferred until the end of the agreement, called the Guaranteed Future Value or Optional Final Payment. It is important to choose a plan that anticipates your average mileage so that the payments are affordable, but also to gauge the correct Future Value. At the end of your chosen agreement period, you make one of three choices - part-exchange the vehicle for another car, pay the optional final payment and retain the car, or return your car with no further payments (subject to terms and conditions). PCP works particularly well for customers who do an average mileage and wish to change their car every few years.

Personal Contract Hire (or PCH) works in a similar way to PCP, but you have to hand the car back at the end. This can be used in conjunction with a maintenance contract to provide a reliable monthly running cost for your vehicle.

The other popular option is traditional Hire purchase. (HP). After paying an initial deposit, you pay the remainder of the value of the car in instalments, normally over a period of between one and five years. In effect you are hiring the car until you make your final payment after which you will own it. This is particularly suitable for high mileage users and customers who wish to keep the car for a longer period than the finance agreement.

Please see our pages on each of these finance options for more detail. We also have some helpful videos which provide more information on each finance option. To find out more on any of these options or about any other ways to make a car purchase, please contact us today. One of our finance experts will be delighted to answer any questions you may have and guide you through the variety of car financing options on offer.

About our insurance and financial services

1. The Financial Conduct Authority (FCA)
The FCA is the independent watchdog that regulates financial services. Use this information to decide if our services are right for you.

2. Whose products do we offer?

We can only offer products from a limited number of insurers and finance companies, as listed below:

  • Insurance Products
  • AA Warranty underwritten by Motorway Direct plc
  • AA Asset Protection Insurance underwritten by Enterprise Insurance Co Ltd
  • Alloy Wheel and Tyre Cover underwritten by Qudos Insurance A/S
  • Minor Accident Damage Cover underwritten by Qudos Insurance A/S
  • AA Vehicle Assistance underwritten by The Automobile Association

Finance Companies:

Ford Credit, Kia Motors Finance, Mazda Financial Services, RCI Financial Services Ltd, Santander Consumer (UK) plc, Suzuki Financial Services Ltd, VW Financial Services

3. Which services will we provide you with?
We will advise and make a recommendation for you after we have assessed your needs and requirements.

4. What will you have to pay us for our services?
No fees are usually charged for arranging policies. You will receive a quotation for each individual recommended insurance policy. Lifestyle Europe Ltd can introduce a limited number of lenders to customers in order to assist with their purchase, and may be paid for that introduction.

5. Who regulates us?
Lifestyle Europe Ltd, 3 Mount Ephraim, Tunbridge Wells, Kent, TN4 8AG is authorised and regulated by the Financial Conduct Authority for insurance mediation and credit broking. Our FCA Register number is 305672.
You can check this on the FCA's register by visiting the FCA's website or by contacting the FCA on 0845 606 1234

6. What to do if you have a complaint
If you wish to register a complaint, please contact us;
in writing: Lifestyle Europe Ltd, Mount Ephraim, Royal Tunbridge Wells, Kent, TN4 8AG
by telephone: 01892 515666
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.

7. Are we covered by the Financial Services Compensation Scheme?
We are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.
Insurance advising and arranging is covered for 90% of the claim, without any upper limit.
Further information about compensation scheme arrangements is available from the FSCS.

8. Data Protection
We use information about you to process your order for a product or service, and for marketing.
We may share your information with finance and insurance companies, credit reference agencies and other companies for use in credit and insurance decisions, for fraud prevention and to pursue debtors. In connection with vehicle purchases we may also share your information with the manufacturer and DVLA. We would also like to communicate with you information about our products and services. If you do not agree with your information being used in this way please let us know by contacting or writing to our registered office.

Personal Contract Purchase

Hire Purchase

Personal Contract Hire

Optional Insurance Products