At Economic MS Motors, we understand that buying a car is an important decision — and we’re here to make it simple, transparent, and stress-free. Our friendly and experienced team is ready to guide you through every step, ensuring you feel confident and fully informed. To make your next car even more affordable, we offer a range of flexible finance options tailored to your budget and lifestyle. Whether you’re after a reliable family car or a performance-driven model, we’ll help you find the right deal. We’ve also partnered with trusted finance providers to offer competitive rates, clear terms, and complete peace of mind.
Car Finance Explained
There are three main types of finance deals that you might want to consider:
Hire Purchase
At Economic MS Motors, Hire Purchase (HP) is one of the most straightforward and popular ways to finance your next car. This type of finance agreement is secured against the vehicle, allowing you to spread the cost over a fixed period. You’ll begin with an initial deposit, followed by affordable monthly payments that include interest. Once all instalments are complete, the car is yours to keep. It’s a simple, transparent, and reliable way to drive away in your ideal vehicle without the financial strain.
Personal Contract Purchase
At Economic MS Motors, Personal Contract Purchase (PCP) is a great choice for drivers who want flexibility and manageable monthly payments. You’ll begin with a deposit, followed by fixed instalments over an agreed term — usually around three years. At the end of the agreement, you can either pay a final balloon payment to own the car, return it with no further obligation (subject to mileage and condition), or use any remaining value towards a new vehicle. It’s a smart, flexible, and cost-effective way to stay on the road in a car you truly love.
Personal Leasing (Contract Hire)
At Economic MS Motors, Personal Leasing — also known as Contract Hire — offers a simple and flexible way to enjoy driving without the long-term commitment of ownership. Choose your preferred vehicle, set your contract length and mileage, and pay a fixed monthly amount. When the lease ends, just return the car — no worries about resale or depreciation. It’s the perfect option for drivers who enjoy newer models and want predictable, hassle-free motoring.