• FINANCE PURCHASE AGREEMENT
FINANCE PURCHASE AGREEMENT

Ownership Options

You have an option to own the Vehicle at the end of the agreement.

The finance company remains the owner until the finance is paid in full.

In some circumstances, if you have problems with payments, you may be able return the car.

Restrictions

There are usually no mileage restrictions though we do not finance cars for business use.

Excess mileage charges will not apply.

You can not sell the vehicle until the finance has been paid off in full. You will need to service and insure the vehicle in line with the terms of the agreement

Equity

Flexible terms allow you to finance the vehicle over a longer period than leasing and you have the option to pay a deposit, increasing your deposit you will lower the monthly payment.

As the amount borrowed is paid off in equal instalments during the term of the agreement, it is more likely you will have a higher amount of equity.

If you decide to sell the vehicle before the end of the agreement, you will have to pay the agreement in full which will reduce the amount of equity.


Representative example: borrowing €6,500 over 4 years with a representative APR of 19% (Fixed) and a deposit of £0.00, the amount payable would be £194.35 per month, with a total cost of credit of €2,828.84 and a total amount payable of €9,328.84

Copyright © 2020 Auto Village Cyprus™ Are Trading Style Of Cossio Financial Services Ltd. The Guidance Provided Within This Website Is Primarily Targeted At Consumers Based In The Cyprus. All Finance Is Subject To Status And Income. Applicants Must Be 18 Or Over. Terms And Conditions Apply. Guarantees And Indemnities May Be Required. Written Quotations On Request. We Are a Lender and May Be Able to Offer You Finance Facilities For Your Purchase. 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 Care Encouraged To Seek Alternative Quotations. We Do Not Conduct Regulated Activities. If You Would Like To Know How We Handle Complaints, Please View Our Complaints Page. You Can Also Find Information About Referring To The Cyprus Consumer Protection Service. For Complaints Information When A Transaction Is Completed Online, Please Access The Online European Dispute Resolution Platform

We Are A Lender And Lend Our Own Money. Your Vehicle May Be Repossessed If You Do Not Keep Up The Repayments.

Registered In The Republic Of Cyprus | Registered Number HE346056 | VAT Number CY103460056

Registered Office: 24 CY 7000, Arch. Makariou Ave, Meneou