Find a finance option that fits your customer.
We're on a mission to put dealer finance at the forefront of the buying journey, both online and in the showroom.
That's why we’ve made our finance options as simple as possible, helping your customers get from dealership to driving seat in a dash.
Check out MotoNovo Commercial for our range of products and services designed for business customers.
MotoRate
MotoRate is our pricing solution that gives your customers a transparent finance journey. Tailoring the customer's interest rate to their credit rating, they know they're getting a fair deal on their finance.
HP
Our traditional Hire Purchase product.
With a HP agreement, customers can spread the cost of their vehicle by paying a fixed amount per month. We offer this product with terms from 12 to 60 months and a maximum advance of £75,000.
Available on cars, vans, and motorcycles.
PCP
Our popular Personal Contract Purchase product.
PCP agreements contain a balloon payment at the end of the finance agreement, which usually makes the monthly instalment amounts lower than a traditional HP agreement. This is great for customers who like to change their vehicle frequently. We offer this product with terms up to 48 months and a maximum advance of £50,000.
Available on cars and motorcycles only.
HP+
Our combination of Hire Purchase (HP) and a personal loan (+).
The Personal Loan is designed to be used for:
• Settling a previous finance agreement
• Vehicle extras/accessories
• Additional products
Available on cars and vans only.
Breeze
Our helpful HP product with a balloon payment helps keep the monthly repayments low. The customer must pay the final balloon payment plus the purchase fee to complete the finance agreement and take possession of the vehicle. We offer this product with terms up to 48 months and a maximum advance of £75,000.
Available on cars and motorcycles only.
Rate4Risk
The HP option that can help more customers apply for finance by applying adjusted price parameters.
This product is fully automated on our Nexus 2 system with terms up to 60 months and a maximum advance on £10,000.
Available on cars and vans only.
Pause Month
Customers can take a two month break from their repayments—interest is calculated from the day the agreement starts. This product is available with: HP, HP+, Rate4Risk, and VAT Assist. It is not available on PCP and Breeze agreements.
0% Subsidy
Dealers can offer their customers interest-free finance with our 0% Subsidy product. This rate can be offered on any vehicle and is a great incentive for customers to choose finance over any other payment method.