Finance from Connolly Motor Group

We know that buying a new car is a major financial decision in anyone’s life and should not be taken lightly. Our experts at Connolly Motor Group can guide you through the financial steps you need to take to ensure you are driving away in the car of your dreams – and at a price that’s right.

We will explain the various car finance solutions open to you: guiding you through the benefits, giving you the cheapest options as well as interpreting the small print of each option, whether PCP or Hire Purchase.

We work with 7 finance providers: Bank of Ireland Finance, First Auto Finance, First Citizen, AIB Finance, Lombard, Alphera and Bluestone. When you finance your vehicle through any of them, you can be guaranteed that you are getting finance solutions that will be tailored specifically to your needs. At Connollys, you will be guided through all the finance options by a team of people who are just as passionate about your vehicle as you are.

PCP

You’ve probably heard about a Personal Contract Plan – or PCP – but might not be sure exactly what it entails. Well, its very easy. Once you have selected the perfect Audi, Volkswagen or Mercedes-Benz for you, there are three simple steps to the PCP finance solution:

1. Pay a minimum of 10 per cent of the purchase price with cash, trade-in or a combination of both;

2. A guaranteed future value is set for your car and a fixed monthly payment is arranged and paid over three years;

3. After three years you can decide to return the car to us with no further repayment; buy the car out or part exchange your car for a brand new one.

And it’s as simple as that.


PCP is a great way to get the car you want and gives you a clear plan for your driving future, safe in the knowledge that you don’t have to worry about depreciation as you have a guaranteed future value of your vehicle – plus you can get a brand new car in three years time.


And while you are enjoying your current Audi, Volkswagen or Mercedes-Benz, you can rest assured that we are busy preparing your next perfect car to be ready for you in three years time.


Call into us at one of Connollys’ Audi branches in Sligo, Ballina or Galway; our Volkswagen dealerships in Sligo or Ballina or our Mercedes-Benz Branches in Sligo and Galway and let our experts guide you through the finer details of taking out a PCP with any of our lenders.

HIRE PURCHASE

If you’ve chosen the perfect Audi or Volkswagen and you are sure this is the car you want to own outright, then Hire Purchase could be the finance solution for you. There are three easy steps to the Hire Purchase process:

1. Pay a deposit, depending on the car model you choose;

2. Spilt the remaining price into monthly payments over one to five years;

3. Once you make the final payment, the car is all yours.

It really is as simple as that.


GAP Insurance

What is GAP Insurance?

If your vehicle is written off as a result of an accident or theft, your motor insurer will settle your claim based on the market value of your vehicle. This could be substantially less than you paid for it - leaving you to find the money to get you back in a new vehicle. Additionally where your vehicle has been financed this can leave you paying for a vehicle that you can no longer use. GAP insurance can cover the difference between the settlement provided by your motor insurers and the amount you originally paid for your vehicle, the amount still owing to your finance company, or a combination of both.

How can I buy GAP Insurance?

GAP Insurance can be purchased from the dealership you bought your vehicle from.

How much does the GAP Insurance cost?

The cost of GAP Insurance depends on the value of your vehicle. Our Business Managers can provide you with a quotation, and discuss the features and benefits of the different covers available.

T&C’s apply.

CONTRACT HIRE

Are you a small business owner and wondering how you can get a vehicle without tying up your finances in the full cost of a car?

At Connolly Motor Group, we understand that, for many start-ups and small companies, having a vehicle is crucial to making your business a success.

That’s why we offer Contract Hire to our business customers so you can lease your car from us but drive it as if it was your own. That means you can put the money you would have spent on a car back into the business. There are three easy steps to the Contract Hire option:

1. You make a payment to start driving a car – or five cars or even 50!

2. You make fixed monthly payments while the car – or cars – are working for your business.

3. At the end of the contract, just give the car back and let us do all the paper work.

Getting a vehicle for your business really is as easy as 1, 2, 3.

What Is Contact Hire?

Contract Hire with maintenance options allows you to rent vehicles for your company as opposed to owning them, leaving you without the stress of residual values or selling the vehicle at the end of the agreement. For a set monthly fee, your business gets the use of the vehicle for an agree duration and mileage limit that suits you. As long have you not exceeded the mileage and the vehicle is in fair condition, you just return it at the end of the contract, with no further cost.

How It Works

We’ll agree a contract hire agreement for any time period between one and four years, set out an annual mileage limit* per year, to suit your business needs. This mileage limit can be reviewed and amended on a yearly basis, depending on your business demands. The contract covers the road tax for the length of the agreement. As part of your contract you can choose to include the maintenance costs of the running of the vehicle, which will cover your servicing, tyres and roadside assistance.

The Benefits

  • Fixed Monthly Costs – for a set monthly payment, you can use the vehicle within the set duration and mileage . The costs are predictable and risk free.
  • Free Up Capital – Leasing the vehicle instead of purchasing it means you are not tying up valuable capital.
  • Less Administration – With Contract Hire, the administration and management burden can be transferred to a third party when taken with a maintenance plan.
  • Regular Change Cycle – By updating your cars at regular intervals of 2, 3 or 4 years, your corporate fleet can benefit from advancing technologies and ever - improving safety and fuel efficiency features.

For A Premium Solution Tailored To Your Business Contact Our Business Managers At Any Of Our Branches.


Apply for Finance

Applying for finance could not be easier with Connolly Motor Group. Simply fill in our Finance Enquiry Form here and one of our specialists business managers from our branches in Ballina, Sligo or Galway will contact you to discuss your options.