Hyundai - Finance Types

Personal Finance – Finance Options to Suit Your Needs

A vehicle is a substantial purchase for almost everyone and a financing agreement that suits your specific needs can be just as beneficial in the long term as your vehicle’s affordable headline price. Bletchley, Milton Keynes and Upminster Hyundai are pleased to offer a selection of financing packages to suit the needs of any customers, with conventional loans accompanied by flexible Hire Purchase or Personal Contract Purchase arrangements

Hire Purchase

This simple agreement enables you to take full ownership of the vehicle by dividing the total cost of your car (minus the deposit) into monthly repayments over a pre-agreed period.Hire Purchase deals are available with both fixed and variable interest rates, and repayments can also be made either in advance or arrears – making a Hire Purchase agreement even more flexible.

Personal Contract Purchase

These policies are very popular, due to the great choice and flexibility they allow customers. The monthly repayments are calculated by agreeing on the cost of the car (plus interest accrued) and deducting both the deposit and estimated value of the car at the end of the term (based on your expected annual mileage). At the end of the agreements (which can be as long as 42 months), customers have the choice of either handing the car back to the dealership or paying the remaining lump sum to take ownership of the car.

Your Options

  • Replace your Hyundai more often – giving you the best of safety, performance, design and economy every time you change your car.
  • Reduce your risk – your Guaranteed Minimum Future Value (GMFV) protects you against unexpected falls in used car prices.
  • Flexibility– at the end of the agreement you can Renew, Return or Retain your Ford (see below)


Option 1 – Renew Your Hyundai

With this option you can enjoy all of the benefits of a new car, more often. If you would like to renew your Hyundai you can trade it in at with us or sell it privately once you have settled your account. Any excess value over the GMFV can be used as a deposit towards your new Ford.

You’re in complete control, with the flexibility to renew your Hyundai at any time during your agreement. Find out more about our current promotions. We will assist you with the process, including settlement of your outstanding balance on your behalf. Please remember, however, that the responsibility of settling the financial balance remains yours.

Option 2 – Return Your Hyundai

Your pre-agreed GMFV gives you protection against any unexpected fall in used car prices. If you would like to return your car, we will complete a vehicle appraisal. As long as your car meets our fair wear and tear standards, is within the agreed mileage, and your account is up-to-date, there will be nothing further to pay. Additional charges will be made if you exceed the agreed mileage or if your car does not meet our fair wear and tear standards.

Option 3 – Retain Your Hyundai

thhis gives you the flexibility to own the car at the end of the agreement. All you need to do is arrange payment of the GMFV, which was deducted at the start of your agreement, plus the purchase fee. We’ll contact you before the end of your agreement to make sure you have plenty of time to decide which option is right for you.

For terms and conditions concerning Hyundai's pricing policy, please read our Terms & Conditions page.