Business

Finding the right car for your business is an important decision at Richmond MG, we understand it’s important to represent your company on the road in a professional manner.

That’s where Richmond MG can help. We have a team of Business Specialists that have the knowledge and experience to help you find the perfect vehicle to fit your fleet requirements.

Whether you’re looking for an individual company vehicle or whether you’re a Business Manager looking to establish a large fleet, Richmond MG would be happy to discuss this with you.

Contract Hire

If you opt for a Contract Hire, this means that you don’t own the car, instead paying per month to effectively hire it. Upfront, you could be asked to pay an initial payment of three to six months’ worth of payments. The more you leave as a deposit, the less your monthly payments will be. All monthly payments are based on a factor of things - the value of the vehicle, the miles you will drive the car and length of the contract, which can range between 24 and 48 months.

Finance Lease

This is often a great choice for businesses where Contract Hire or Hire Purchase doesn’t suit its needs. Finance Leasing allows you to either pay off the entire vehicle price over an agreed period of time or opt for lower monthly repayments with one final large payment at the end – securing your ownership. Another bonus for businesses is that if the parameters of your agreement are consistent regarding usage, mileage and condition, the interest rate will be kept exactly the same.

Hire Purchase

Hire Purchase allows you to choose how much of a deposit you wish to leave, normally a percentage of the vehicle’s value - we will let you decide exactly how much you leave. Once a payment time has been agreed, you will pay monthly instalments for the duration set, which can range between 24 months and five years.

Outright Purchase

Buying the vehicle outright is ideal for those who plan to keep their MG long-term. You can also choose whether to pay a large down payment when you pick up the keys, and pay the rest off, or pay instalments. The vehicles also become assets of your company, meaning that if an employee leaves, for example, your company has the right to retain that vehicle and recoup some of the losses.

Whatever type of finance agreement suits your business profile the best, we’re here to help organise everything and make sure you’re on the road quickly.

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REGISTERED ADDRESS: THE FRENCH QUARTER, 114 HIGH STREET, SOUTHAMPTON, HAMPSHIRE, SO14 2AA. REGISTERED IN: ENGLAND AND WALES REG COMPANY NUMBERS: 02971884, 03820911 AND 08425506. VAT REG NUMBERS: 619940318, 750105769 AND 176958348.

RICHMOND CARS LIMITED, RICHMOND CARS (SOUTHAMPTON) LIMITED AND RICHMOND CARS (GUILDFORD) LIMITED ARE CREDIT BROKERS, NOT LENDERS, AND WE WILL INTRODUCE YOU TO ONE OF OUR PANEL OF LENDERS TO PROVIDE THE FINANCE FOR YOU. WE ACT AS NON-INDEPENDENT CREDIT INTERMEDIARIES FOR A SELECTED NUMBER OF LENDERS TO SUIT A WIDE RANGE OF FINANCIAL OFFERS TO SUIT THE INDIVIDUAL’S REQUIREMENTS. WE ARE AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY. FINANCE SUBJECT TO STATUS. TERMS AND CONDITIONS APPLY. APPLICANTS MUST BE 18 YEARS OR OVER. A GUARANTEE/INDEMNITY MAY BE REQUIRED.

RICHMOND CARS LIMITED, RICHMOND CARS (SOUTHAMPTON) LIMITED AND RICHMOND CARS (GUILDFORD) LIMITED ARE APPOINTED REPRESENTATIVES OF CONSUMER CREDIT COMPLIANCE LIMITED FOR INSURANCE MEDIATION PURPOSES. THEIR FIRM REFERENCE NUMBER IS 631736 AND OUR FIRM REFERENCE NUMBERS FOR CONSUMER CREDIT ARE 673585, 687484 AND 683805. YOU CAN CHECK THIS ON THE FCA’S WEBSITE WWW.FCA.ORG.UK OR BY CONTACTING THE FCA ON 0300 500 8082.