Products & Services

At Ignition Credit Plc we offer a wide range of products and services for all your vehicle finance needs.

We finance all types of new and used vehicles which includes cars, vans and trucks incorporating classic cars and race cars. We offer a range of affordable and competitive finance packages to create a solution that suits your budgets and needs, maximising your spending potential whilst minimising your repayments.

The types of products available with Ignition Credit are:

Hire Purchase

Hire purchase is a simple, straightforward way to spread the cost of buying a new car. The balance of the loan is paid in regular instalments of interest and principal over a period of months and full ownership passes to the hiree at the end of the period.

The balance of the loan is either paid in regular instalments of interest and principal over a period of months or a capital amount is deferred until the end of the contract (balloon payment) which has the effect of reducing the monthly repayments. Full ownership passes to the hiree at the end of the period.

Vehicle Lease

A Finance Lease allows use of the vehicle whilst paying a rental rather than a repayment. This is an alternative funding method to Hire Purchase for business users.

Contract Hire

Can be defined as a contract by which the business hirer is provided with a car of their choice for an agreed period of time, for a fixed monthly rental and where the residual value risk is borne by the contract hire company.

At the end of the contract the customer must hand the vehicle back and the leasing company sells the car at auction. If the resale value is less than the residual then the leasing company have suffered the loss.

Personal Contract Hire

Personal Contract Hire is available to private individuals and includes many of the benefits of Contract Hire available to the business customer.  Rentals include VAT, which usually cannot be reclaimed.

GAP Insurance

We offer two types of policies, Financial Shortfall and Return to Invoice. Learn more about Gap Insurance >>

Contact us now to learn more about our full range of financial services >>

Whatever you are financing ...

        ... choose Ignition Credit