We Are EV Ltd is authorised and regulated by the Financial Conduct Authority - Firm Reference number: 810709

We are a broker and not a lender. If you are not completely satisfied with the service you have received, you have the right to refer your complaint to the Financial Ombudsman Service. Registered office: Brook Cottage, Main Road, Easter Compton, BS35 5RH  © 2018 We are EV Ltd.

Finance the purchase of your EV

We Are EV are an Approved Finance Dealer with Close Brothers Motor Finance. Close Brothers Motor Finance is a specialist motor finance provider providing finance solutions for new and used cars, motorbikes and vans across the UK.  Part of the UK's largest independent merchant bank, Close Brothers Motor Finance has been providing motor finance since 1988. Their wealth of experience led us to choose them as our sole finance provider - we are confident they will provide a solution to suit you.

Why use finance?
  • Affordable fixed rate payments

  • Simple application process

  • Quick and easy to arrange

  • Flexible to suit your budget

  • Keep your savings in the bank

  • Leave your credit lines open

Our finance options

Conditional Sale (CS)

Choose this option if you want to own the vehicle at the end of the term. It’s also the most straightforward finance product with fixed monthly payments and flexible deposits to suit most budgets.

 

A deposit of around 10% is usually required and the term can be 1 - 5 years. The finance is also secured against the vehicle.

Hire Purchase (HP)

Choose this option if you’re looking for something simple and straightforward, but want to be able to hand the vehicle back at the end of the term.

 

A deposit of around 10% is usually required and the term can be 1 - 5 years. The finance is also secured against the vehicle.  

 

With fixed monthly payments, at the end of the term there is no lump sum. Instead, you’ll have two options: pay an ‘option to purchase’ (OTP) fee and become the full legal owner of the vehicle, or hand the vehicle back to us and walk away.

Personal Contract Purchase (PCP)

PCP is great if you want to change or upgrade your car or motorcycle at the end of the finance term.

 

Under a PCP agreement we guarantee the minimum the vehicle will be worth at the end of your agreement based on the agreed annual mileage and maintenance of the vehicle. This value is known as the ‘Guaranteed Minimum Future Value’ and by deferring this to the end of the term, you could benefit from lower fixed monthly payments compared to our HP and CS products.

A deposit of around 10% is usually required and the term can be 1 - 4 years. The finance is also secured against the vehicle.  

At the end of the term you have three options:

Part-exchange it – use any value left in your vehicle to part-exchange it for a new one.
Buy it – pay off the final payment (Guaranteed Minimum Future Value plus the Option to Purchase Fee (OTP) in one lump sum and become the legal owner.
Hand it back – simply hand back the vehicle and the keys, pay any charges incurred, and walk away.

Finance is available subject to status to UK residents aged 18 years and over. Indemnities may be required.

We may receive a commission for introducing a customer to Close Brother Motor Finance. We Are EV Ltd is a credit broker and not a lender.  As a credit broker we are authorised and regulated by the Financial Conduct Authority (FCA).  Firm Reference Number: 810709