We have partnered with Mann Island Finance to create two different finance products, to make financing your new campervan easier.  We can also take in part exchange vehicles; some of our customers have swapped their 'regular' car for their new camper van as SWB vans are easy to drive and manoeuver.   If your part exchange is on finance, we can make the settlement payment.

 

Here are examples of the two finance products we can offer:

Factory Campers 48 month ‘Options’ scheme.

This is a Lease Purchase product with 55% of the vehicle value deferred to the end of the agreement. Deposit options range from zero deposit to 30%.

This scheme is ideal for those customers who have previously financed vehicles on Personal Contract Hire or Personal Contract Purchase, and are used to changing their vehicles every 3 or 4 years. At the end of the 48 monthly payments, the end payment can be paid off to obtain ownership, or the end payment can be refinanced for a further period, under a new agreement. It is also possible to settle the outstanding finance during the agreement by requesting a settlement figure.

Options example with a 10% Deposit

Vehicle Price: £30,000
Deposit amount: £3,000.00
Number of monthly payments: 48 months
Amount of monthly payments: £396.57
End payment: £16,500.00
Document fees mentioned: £0.00
Total amount payable: £38,536.36
APR: 9.90%

Subject to status

Options example with a 20% Deposit

Vehicle Price: £30,000
Deposit amount: £6,000.00
Number of monthly payments: 48 months
Amount of monthly payments: £321.17
End payment: £16,500.00
Document fees mentioned: £0.00
Total amount payable: £37,917.08
APR: 9.90%

Subject to status

Factory Campers 120 month ‘Hire Purchase’ scheme.

Based over a 120 month term but with excellent early settlement terms. This scheme is ideal for those customers who are unsure how long they will keep using their vehicle for, but want to maintain an element of flexibility and a low monthly payment. Again, this agreement is possible with zero deposit, and there is no maximum deposit.

HP example with a 10% Deposit

Vehicle Price: £30,000
Deposit amount: £3,000.00
Number of monthly payments: 120 months
Amount of monthly payments: £349.09
End payment: £0.00
Document fees mentioned: £0.00
Total amount payable: £44,891.68
APR: 9.90%

Subject to status

HP example with a 20% Deposit

Vehicle Price: £30,000
Deposit amount: £6,000.00
Number of monthly payments: 120 months
Amount of monthly payments: £310.29
End payment: £0.00
Document fees mentioned: £0.00
Total amount payable: £43,235.80
APR: 9.90%

Subject to status

 

Note: if the agreement is settled during the term, 100% of the future interest is deducted from the settlement figure, and then 30 days interest* added back in, which makes this product extremely attractive.

Early settlement example after 36 months: approximately £21,541.75

Early settlement example after 48 months: approximately £19,264.60

*60 days interest added back in if agreement if settled within 12 months

*Don’t forget we can also take in part exchanges and settle existing finance*

 

Factory Campers is a trading style of Highland Vehicles Ltd, who are authorised and regulated by the Financial Conduct Authority, FRN 674042. We may be paid an introductory commission by the underlying lender for introducing business to them.