Contractual Agreements

Car APR (Variable) Example:

If you borrow £10,000.00 over 6 months at a flat rate of 42% per annum [fixed], and with a Representative 64.4% APR, you will make one total repayment of £12,820.00. This includes £2,100.00 interest and £720.00 storage. The total charge for credit is £2,820.00. Your car is at risk if you fail to make the repayment.

Loan repayment length are for 6 months with early settlement allowed. The maximum APR is 146.5%.

Other Luxury Asset APR (Variable) Example:

If you borrow £10,000.00 over 6 months at a flat rate of 42% per annum [fixed], and with a Representative 46.4% APR, you will make one total repayment of £12,820.00. This includes £2,100.00 interest. The total charge for credit is £2,100.00. Your asset is at risk if you fail to make the repayment.

Insurance Disclaimer

• Pre-Credit Information Example
• Pawn Agreement Example
• Pawn Loan Explanation

The vehicle is held by the Pawnbroker as bailee for value and the Pawnbroker will take reasonable care of the vehicle. The Pawnbroker is not under an obligation to take any special care of the vehicle and will not ensure the vehicle for the purposes of it being driven on a public road. However, it will be insured for its replacement value during the period it is stored in our designated storage facility. The customer may also wish to take steps to insure the vehicle directly.

Please note that under the terms of any existing insurance policy you hold in respect of the vehicle you may be required to notify your insurer of the terms of this contract, including the storage location of the vehicle for the term of the agreement. You are responsible for any taxes, including road tax, payable in respect of the vehicle. You must notify the Pawnbroker immediately if you make a statutory off-road notification (SORN) to the DLVA in respect of the Property.