Moto Novo Finance is one of the fastest growing providers of Motor Finance in the UK. We believe our success is due to our Heritage, our People and our Values.
We have been providing loans for people and businesses to buy cars for nearly 40 years. In 2006 we were acquired by FirstRand of South Africa, a global bank that has the highest level of expertise in assisting the car-buying public organise their finances. Under the trading name of WesBank, (The Wheels Bank), our parent company enjoys huge success in the South African car market, with a market leading position within the industry, along with partnerships with a great many household car manufacturer names.
Since our new parent took ownership in July 2006 we have enjoyed the highest levels of growth in our history. We have done this by providing the best in terms of service, competitiveness and convenience to our customers.
Our shared values help shape the business we are and the progress we make. These values lie at the very centre of our business and recognise that it is you, the customer, who drive our business forward.
Funding your new vehicle
Financing a new car can be a daunting task. Today’s financial market is flooded with many confusing products, services and offers.
At The Lanmere Motor Company we like to keep things simple, which is why we offer the most common, traditional and straightforward method of financing your new vehicle, a hire purchase agreement.
Hire purchase is a simple way to spread the cost of your new car over a period of up to five years with a fixed interest rate, ensuring your payments will remain the same for the entire duration of the agreement.
We work very closely with our finance provider MotoNovo Finance to ensure the process of funding your new vehicle is extremely simple and competitive. We don’t require numerous completed forms, or three or four working days approval time like some banks and building societies. It’s a very simple process, with immediate decisions. The vast majority of customers we propose are accepted within 4 minutes!!
Advantages of a hire purchase agreement:
✓ Simple proposal process.
✓Immediate decisions. No three or four day approval time.
✓Flexible deposits. You choose the amount of deposit that suits you.
✓Fixed interest rate. No worries about increased future payments.
✓Fixed period. Spread the cost of your new car up to five years.
✓Fixed monthly payments. Means monthly budgeting is made simple.
✓Payment Pause. No initial payment for two months.
✓No Surprises. No balloon or deferred payments at the end of the agreement.
✓Flexibility. Settle your loan early if required.
✓Ownership. At the end of the agreement you take full ownership of the vehicle.
✓VAT free. No VAT on any payments.
✓Peace of mind. You will feel secure in the knowledge that the payment quoted is the one you will pay throughout the term of your agreement.
We understand that every customer has different financial circumstances. Whether you wish to finance all or part of your new vehicle please do not hesitate to contact us to discuss your particular funding requirements.
Please note, third party finance providers such as CarFinance247 are welcomed but are subject to an administration fee.