Drive away in your new or used vehicle with a finance arrangement that is right for you. You might not even need a deposit, and our interest rates are fixed for the duration of the agreement so you can budget more easily. Our range of finance choices means you can find the right one to suit you.
Contract Hire is a fixed-cost, rental agreement. You choose a new vehicle, agree the maximum annual mileage and length of agreement, and then pay an initial rental followed by fixed monthly rentals to suit your budget. You can even choose to cover vehicle maintenance costs as part of your agreement subject to paying a maintenance charge which is added to your monthly rental.
CONTRACT HIRE EXPLAINED
HIRE PURCHASE (HP)
Hire Purchase could help you buy your dream Mitsubishi whilst spreading the cost. Agree an initial deposit, agreement term and monthly payment, and, subject to your application being approved, you can just drive it away. After you’ve made all the payments, including interest, the vehicle is all yours.
LEASE PURCHASELease Purchase is similar to a Personal Contract Purchase (PCP) - you can keep your monthly payments lower, by deferring a significant proportion of the amount of credit to the final payment at the end of the agreement, but do not have the option to return the vehicle to Shogun Finance Ltd at the end of the agreement.
LEASE PURCHASE EXPLAINED
PERSONAL CONTRACT PURCHASE (PCP) * At the end of your chosen period you have 3 options: Renew - Part exchange is for a new model. Subject to settlement of your existing finance agreement. New finance agreements are subject to status. Retain - Pay the final lump sum to own the vehicle. Return - Return the vehicle to Shogun Finance Ltd under the goods return option, instead of paying the final lump sum payment. If the vehicle is in good condition and has not exceeded the allowed mileage, you will have nothing further to pay. If the vehicle has exceeded the agreed mileage, a charge for excess mileage will apply
CONTRACT HIRE / PERSONAL CONTRACT HIRE * The vehicle should be returned to us in a condition that meets the BVRLA “Fair wear and tear” guidelines, otherwise charges may be incurred. Fair wear and tear guidelines can be found on the BVRLA website at www.bvrla.co.uk
LEASE PURCHASE Option 1: Part Exchange* for a newer model Option 2: Own the vehicle by paying the final lump sum payment* * Subject to settlement of your existing finance agreement. New finance agreements are subject to status.