Funding Methods

Kia Financial Services

Overview

Whichever new or used vehicle you choose to purchase, Ken Brown Motors can tailor a finance plan that is right for you. With great value solutions for you including Comprehensive Motor Insurance and Guaranteed Asset Protection (GAP). Contact our Finance Expert even if you need advice to find out which option suits you best.

Kia Motors UK has teamed up with Santander Consumer Finance, one of the leading consumer finance providers in Europe, to create Kia Financial Services. It means your Kia dealer can now offer competitive finance plans for your Kia. And a range of handy insurance products to boot.

One of the largest banks in the world, the Santander Group is both strong and stable. As a top 50 global company, it has a presence in over 40 countries – with over 90 million customers, 14,000 branches and 3.3 million shareholders. In the UK alone, Santander Group includes Abbey, Bradford & Bingley and Alliance & Leicester. All of which puts Santander on a strong and stable footing – with no need to resort to public capital.

And unlike other banks, their ample liquidity means they’ve been less affected by the recent financial crisis making us the sensible financing choice for your next Kia. 

A finance package to suit your needs

There are many different ways to finance your new car. What’s more, you may hear plans that are very similar in features referred to under very different names, making your list of options seem endless.

The two main ways you can finance your new car with Kia Finance is through Conditional Sale (Hire Purchase) or through our Personal Contract Plan (PCP) scheme. 

PCP

Our PCP scheme, offers you the freedom to drive away the car of your choice every two or three years (subject to status). We'll guarantee what the value of your car will be at the end of the agreement, you simply pay the deposit of your choice and the remaining balance over the agreed period.

How it works

• Once you have chosen the car you want, decided how much deposit you wish to pay and agree a repayment period, we will calculate your fixed payments and the Guaranteed Future Value (GFV).
• You can select any level of deposit or period of agreement from within our product parameters to suit your own individual needs.
• The GFV is the minimum amount the car is estimated to be worth at the end of the agreement term.
• At the end of the agreement, you are free to choose from one of the following options:
• Part exchange the car with us and drive away in a new car using any amount over the GFV as part of your deposit on the next agreement.
• Pay the GFV and take ownership of the car.
• Simply return the car to the finance company with nothing more to pay (subject to final mileage and condition of the car).

Conditional Sale

Hire Purchase is the traditional way to finance your new car - you simply choose the deposit amount you wish to pay and the length of the repayment period

How it works

• You pay for your car over a pre-agreed period, during which time the balance and interest are repaid by fixed payments.
• You can select any level of deposit or period of agreement from within our product parameters to suit your own individual needs.
• The interest charged is calculated at the beginning of the agreement and will remain unaffected by any future changes in interest rates, allowing you to plan your budget with confidence.
• When all the payments have been made at the end of the agreement you own the car.