Motorsport Finance
Looking for Motorsport Finance?
We have a passion for motorsport and love to help fund the rally cars and equipment they need to compete.
What is motorsport finance?
Motorsport finance helps to spread the cost of a new or used rally car. Instead of paying the full amount upfront, customers pay monthly. Most sales offer a range of finance products to suit individual preferences and circumstances, such as Hire Purchase, Conditional Sale, lease Hire and purchase . you can find out more about these by getting in touch
Contact us at Contact or call 01239 711194
Get in touch to find out how we can help you with motorsport finance...
How does motorsport finance work?
Each of the products works a little differently but, in general terms, the finance company will buy the rally car on your behalf and then you will repay the value, plus interest payments.
Motorsport finance agreements are usually secured against the vehicle for the duration of the contract, and during this time the rally car will be owned by the finance company. At the end of the agreement, once all repayments have been made, you will ‘take title’ to the rally car and become its legal owner, unless you entered into a rental/hire agreement, in which case the rally car will generally be returned to the finance/hire company.
Rally car history check
If you’re buying a used rally car, make sure you check its history before parting with your money. You might find out that the spec has been tampered with, or more seriously, that it’s been involved in a accident or is subject to outstanding finance (and therefore owned by a finance company). Agencies offering these checking services include:
- HPI: www.hpicheck.com
- CDL Vehicle Information Services: www.mycarcheck.com
- Experian Auto Check: www.autocheck.com
01239 711194
West Coast Finance is authorised and regulated by the Financial Conduct Authority (FCA). Registration number: 628522. Registered Office: Lee-side, Cwmcou, Newcastle Emlyn, Ceredigion SA38 9PD.