Equity Release

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£2,000
24 months
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£92
£2,213
9.9%
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No impact on your credit score
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Representative example: borrowing £6,500 over 5 years with a representative APR of 19.9%, an annual interest rate of 19.9% (Fixed) and a deposit of £0.00, the amount payable would be £166.07 per month, with a total cost of credit of £3,464.37 and a total amount payable of £9,964.37.

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Happpy Car

About Equity Release

Equity Release is the term used when you own your vehicle outright but need funds which you cannot necessarily obtain from elsewhere.

For example, you have a costly or unexpected event coming up (wedding, house repairs, home renovation, university fees) and cannot lend this personally unsecured.

Maybe you currently have a personal loan or credit card which is affecting your ability to get another personal loan for funds.

Using equity release secures the loan against your vehicle, which can help with releasing cash quickly for those costly and/or unexpected events.

In return you would keep your vehicle and pay fixed monthly payments over a term set by you, at the end of the agreement you still have your car and own it completely outright again.

How to equity release a car

Whatever your situation, we could help!

It all starts with a quote. If you're approved in principle, your dedicated account manager will give you a call to talk through your options. No strings attached. They can answer any questions you have about equity release and the process for receiving your funds quickly.

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