RW Cars LTD - Making Car Finance Simple, Transparent, and Affordable

Finding your next car should feel exciting - not overwhelming. At RW Cars Ltd, we're here to take the stress out of buying a used car by offering flexible, accessible finance options tailored to your individual needs. Whether you're looking for a family SUV or a sporty hatchback, our used car finance solutions are designed to get you behind the wheel without paying everything upfront.

Your Finance Options - Designed Around You

Hire Purchase (HP)

HP is a straightforward way to own your car over time. You pay a fixed monthly amount for an agreed term, and once the final payment is made, the vehicle is yours - simple as that. This is ideal if you plan to keep your car for the long haul.

Personal Contract Purchase (PCP)

PCP gives you lower monthly payments and more flexibility. At the end of the agreement, you can either pay the final balloon payment to own the car, return it, or part-exchange it for a new one. It's a great option if you like changing your car every few years.

Business HP Balloon Purchase

For our business customers, the business HP Balloon is a smart way to manage fleet upgrades while preserving cash flow. This option allows your business to spread the cost of a vehicle over a fixed term with a final lower balloon payment at the end of the agreement. This structure means your business can benefit from:

• Lower initial expenditure: Benefit from smaller upfront monthly payments, keeping more capital free for other business needs.
• Tax efficiency: Enjoy potential Tax benefits associated with business financing options.
• Flexible end of term options: At the end of the term, choose to pay the final balloon amount to own the vehicle, refinance the balloon payment or upgrade to a newer model - all while keeping your business on the move.

Why Choose Car Finance at RW Cars?

Spread the Cost

Finance lets you drive the car you want while keeping your monthly budget intact. Choose from a wide selection of quality used cars with finance packages that work for you.

Boost Your Credit

Making regular payments on time can help improve your credit score over time, giving you more financial freedom in the future.

Drive Newer, Better Cars

With finance, you may be able to afford a newer model with more features than if you were paying in full upfront.

Flexible Upgrade Options

Want to change cars every few years? PCP makes it easy to switch to something newer without the hassle of selling privately.

Start Your Finance Journey Today

Step 1: Apply Online

Pop your details into our online form and let us do the hard work. We'll review your application and search across our trusted finance partners to find the best deal for you.

Step 2: Get Approved

Once we've found a suitable offer, you'll be free to choose your car. Already got one in mind? Great. Need help deciding? Our friendly team is here to guide you every step of the way.

Step 3: Drive Away

With your finance approved and your car chosen, we'll get everything ready for collection. From paperwork to prep, we'll make sure you leave with a smile on your face and keys in hand.

Representative Finance Example

Representative Example for Personal Contract Purchase (PCP): Cash price £16,489.00, Annual Interest Rate (fixed) 4.61% p.a., with a representative 8.9% APR, total amount of credit £15,489.00, deposit of £1,000.00, an initial payment of £252.44, followed by 47 monthly payments of £252.44 with a final payment of £7,449.00, total amount payable is £20,566.12, the annual mileage is 8,000 and the excess mileage fee per mile is £0.15. Pay monthly then buy, swap or return

Figures shown are for illustration purposes only. Finance is provided by Motonovo Finance Limited, Two Central Square, Cardiff, CF10 1FS. This is not a commitment to lend and applications are subject to approval. This indicative quotation is subject to change and final figures will be provided on approval and prior to signing the agreement. We will receive a commission for introducing this transaction to the lender. We will tell you the full amount of that commission before you enter into the finance agreement. Please let us know if you need any further information at this time.

Option to Purchase fee of £1.00 applies.

Important Information

• Finance is subject to status and availability.
• You must be 18 or over to apply.
• A credit check will be carried out as part of the application process.
• You will not own the vehicle until the final payment is made in full.
• If you fail to make repayments, the vehicle may be repossessed by the finance provider.
• Terms and conditions apply. Please speak to our team or the finance provider for full details.

Want to Find Out More?

Visit our showroom in Derby or contact us today to discuss your finance options. Whether you're new to car finance or looking to upgrade your current vehicle, RW Cars is here to help.