Financing Your Wheelchair Accessible Vehicle
At FMC Cars, we understand that finding the perfect wheelchair accessible vehicle (WAV) is just one part of the journey. Financing that vehicle can feel overwhelming, but it shouldn't be. We offer a variety of options to fit your budget and needs, so you can experience the freedom of the open road sooner.
1. Cash Purchase
One of the most common ways to purchase a vehicle is a simple cash payment using your savings. Paying for your Wheelchair Accessible Vehicle (WAV) upfront offers the benefit of immediate ownership and potentially avoiding any interest payments associated with loaning funds. This option might be ideal if you have saved diligently or received a lump sum from a settlement or payout.
2. Bank Loan
Lending money from your bank and making regular repayments may be the most suitable option for you and your family. If you can get a good interest rate directly from your bank, this could work out more cost effective than sourcing vehicle finance, which often has a higher interest rate on your repayments.
3. Vehicle Finance
Vehicle finance is popular way of funding your new Wheelchair Accessible Vehicle, allowing you to spread the cost of your WAV over a set term with affordable monthly payments makes it easier to manage your finances.
FMC Cars partners with reputable lenders who specialise in WAV financing. These lenders have previously worked with WAV customers, making them a good option for those who may not have traditional employment income. We would recommend that you shop around and compare rates from different lenders to secure the best deal before you commit.
4. Part Exchange:
Do you have a reliable vehicle you no longer need? Trading it in for a part exchange towards your WAV can significantly reduce the upfront cost. Our team at FMC Cars will provide a fair and competitive valuation on your existing vehicle, making the transition seamless. This can be a great way to put any unused assets towards your new WAV.
Beyond the Basics
Depending on your location and circumstances, government grants may be available to assist with the purchase of a WAV, such as the ULEZ Scrappage Scheme. These grants can significantly reduce the overall cost, so it's worth researching any programs you might qualify for in your area. A quick online search or contacting your local government agency can provide more details.
Exploring Your Options
Our friendly and knowledgeable staff at FMC Cars are here to guide you through the financing process. We'll take the time to discuss your budget, specific needs, and explore all the available options to find the perfect financing solution for you. This personalised approach ensures you get the WAV that best suits your lifestyle without any financial surprises.
Drive with Confidence
At FMC Cars, we're committed to empowering you with mobility. With our diverse financing options and exceptional WAV selection, you'll be cruising the open road in no time. Contact us today to schedule a test drive and experience the freedom you deserve.