Finance & Insurance

At M J Warner we work with the industry leading finance providers to obtain the most competitive quotes. We are partners with Volkswagen Financial Services, Close Brothers, MotoNovo and Blackhorse.

Six reasons to consider finance with M J Warner Volkswagen

1. Your loan is set at a fixed rate of interest, regardless of any Bank of England changes, so you know exactly how much you will pay each month for the complete term. 

2. Applying for vehicle finance is quick and easy and won’t involve lengthy meetings with your bank or filling in forms.

3. Finance decisions are made in minutes while you wait, meaning we’re a one stop shop.

4. Flexible loan terms allow you to select an affordable monthly repayment plan that suits your budget.

5. Keeping your savings in the bank not only earns you interest but also keeps your credit lines open, should you need to borrow in the future. You never know when you might need your 'cash' in an emergency.

6. Our vehicle loans offer you a secure and reliable method of funding from a reputable and responsible lender.

Finance FAQ

I have the cash to pay for the car. Why should I take finance?

There are so many good reasons to use our finance that we have a separate information section. Please read through the following document link and learn how finance through M J Warner can benefit you. Click here to find out more. 

How much deposit would I need?

We do not specify a set deposit as a fixed percentage of the total loan. Instead we treat each case individually according to what you can afford. We will advise you on this and suggest a finance deal to suit your circumstances and monthly budget.

How do I apply for finance?

The proposal process is extremely straight forward and is carried out by M J Warner staff via a web application. The questions are not intrusive and we never ask for details of your earnings or savings. You would probably know the answers without any research.

What if I want to settle my loan early?

If you find you are in a position to settle your loan before your agreement is due to end we can help you obtain a settlement quotation. Depending on the lender, there may be a small administration charge for paying off your finance early.

Can I still get motor finance with a poor credit history?

Every finance application is reviewed by an experienced underwriter rather than relying on a credit score, allowing a more flexible approach. If you do have a poor credit rating we can refer the application to third party finance providers who specialise in sub-prime lending.

How much will my finance cost?

Your fixed monthly payments can be adjusted to a figure that you are comfortable with. Monthly payments vary depending on how much you want to borrow, the size of your deposit and the loan period (usually between 12 – 60 months). 

What happens if I experience financial difficulties?

Should your financial position changes in a way that will affect your ability to make your monthly repayments, it is important that you contact the provider immediately. If they are made aware of your circumstances as soon as possible it is likely that they will be able to help you find a solution to the problem.

What happens if I miss a monthly payment?

Charges will be applied to your account for any missed payments and ultimately your vehicle is at risk of repossession if you continue to miss payments. If you find yourself in a position where you are unable to re-pay your loan, it is important that you contact the finance company so they can work with you to arrive at a solution.

What interest rate is charged?

This varies depending on your loan amount and the period. Your interest rate will be fixed for the duration of the agreement so you will know exactly how much you will pay each month. Our rates are industry leading and compete and often better than that of High Street and internet lenders.

What if I want to sell the vehicle?

You do not own the vehicle until the end of the contract or the finance is settled in full. This means you cannot sell the vehicle without settling the loan in its entirety and becoming the legal owner. If you wish to trade the vehicle in with a dealer they will pay the finance house directly for the outstanding amount and return any balance to you as a cash amount or towards a deposit on another vehicle.  

Finance is subject to status and acceptance. Terms & conditions apply. Indemnities may be required. 

  • We've teamed up with Herts Insurance Services (HIC) who specialise in Volkswagen Group vehicles. Based in Bishop's Stortford it offers a nationwide service whilst providing the local personal service you have come to expect from M J Warner Volkswagen.

    Established in 1989 HIC has grown from the original two members of staff to over 100. It is large enough to provide industry leading prices but small enough to care.

    Whilst 'online' quotes and comparison sites are all the rage, 70% of customers will obtain a better price over the phone. 

Finance Enquiry