Finance at D & R Trade Ilkeston, Derbyshire

D & R Trade has joined forces with AU Finance to arrange your car finance.

Get you an answer within minutes - not hours!

Rates from 8.9% APR
Representative Example: Borrowing £7,500 over 48 months with a representative APR of 19.9% fixed, the amount payable would be £221 a month, with a total cost of credit of £3,129 and a total amount payable of £10,629

AU Finance (Auto Union Finance) is a car finance broker with over 30 years of experience, and no matter what your credit score looks like AU Finance will help you find the right deal.

AU Finance is Authorised and regulated by the Financial Conduct authority (FRN: 669609).

They have a team of experts on hand to discuss your requirements and have a wide range of financial products and services available.

You will also receive access to your own dedicated AU Portal, giving you full access to track your application from start to finish.

We offer you the choice of Hire Purchase, Hire Purchase with Balloon or Personal Contract Purchase.

All products can be taken out with zero deposit.

We do not charge you a fee for our services, but we do receive commission from the lender when we introduce you to them.

We will inform you of the exact amount of commission once your application has been accepted and will tell you how much we will pay D & R Trade.

Benefits of Hire Purchase (HP):

Fixed monthly repayments over an agreed period

As the title suggests, you hire the car from the finance company, taking responsibility for it and make monthly payments until you have paid the total amount owed.

You are the registered keeper of the vehicle throughout the payment plan and then at the end of the repayment period, you have the option to take ownership of the car.

As you will have paid off the cost of the car by this point, all you pay is a small admin fee. This could be anything from £1 - £299+.

HP is good if:

You want fixed monthly repayments.
You might like to own the vehicle long term.

Benefits of Personal Contract Purchase (PCP):

No need to worry about depreciation.

Lower monthly instalments for a better car.

You are only paying for part of the total amount due and have the choice to return the car at the end of your repayment period.

You still pay monthly instalments to the finance company as with other forms of credit, but at the end of the repayment period, you can pay a lump sum, (commonly known as a balloon payment) which will be higher than the monthly repayments you have been making.

PCP enables you to pay less each month for a car of the same value than you would with a traditional HP plan.

PCP is good if: