KIA Financial

KIA Financial is the finance division of KIA Motors, which provides a wide range of financial products and services to customers looking to purchase a KIA vehicle. In this article, we will explore the different types of finance options offered by KIA Financial, and how they can benefit car buyers.

KIA Financial’s Finance Options

KIA Financial offers several finance options that cater to the needs of various car buyers. These finance options include:

Hire Purchase (HP): HP is a simple and straightforward finance option that allows you to spread the cost of your KIA vehicle over an agreed term. With HP, you will own the vehicle at the end of the term once you have made all the payments.

Personal Contract Purchase (PCP): PCP is a popular finance option that allows you to make lower monthly payments, with a final balloon payment at the end of the term if you want to own the vehicle outright. Alternatively, you can choose to return the car to KIA Financial, without any additional costs.

Personal Contract Hire (PCH): PCH is a leasing option that allows you to drive a KIA vehicle without actually owning it. You simply pay a monthly rental fee, which covers the depreciation of the vehicle over the agreed term.

Business Contract Hire (BCH): BCH is similar to PCH but is designed for businesses who want to lease a KIA vehicle for their employees.

Benefits of Choosing KIA Financial

There are several benefits to choosing KIA Financial when financing your KIA vehicle. These benefits include:

Flexibility: KIA Financial’s finance options are flexible and can be tailored to suit your specific needs and budget. You can choose the length of the finance term, the deposit amount, and the monthly payment amount that works best for you.

Competitive Interest Rates: KIA Financial offers competitive interest rates, which are often lower than those offered by traditional banks and lenders. This means that you could save money in the long run by choosing KIA Financial for your finance needs.

Fixed Monthly Payments: With KIA Financial’s finance options, you will have fixed monthly payments, which means you can budget more effectively.

Guaranteed Future Value: With PCP, you can take advantage of KIA Financial’s Guaranteed Future Value (GFV) option, which guarantees the value of the vehicle at the end of the term. This means that you can have peace of mind knowing that you won’t be left with any unexpected costs or depreciation.

Additional Services: KIA Financial also offers additional services, such as GAP insurance and service plans, which can provide you with added peace of mind and financial protection.

How to Apply for KIA Financial’s Finance Options

Applying for finance with KIA Financial is a straightforward process. Simply visit your local KIA dealership and speak to a member of the sales team. They will guide you through the finance options available and help you to choose the one that is right for you. You will need to provide some personal and financial information, including details of your income and expenditure.

Once you have chosen the finance option that works best for you, the sales team will take you through the application process. This will involve a credit check and other checks to ensure that you are eligible for finance. Once you have been approved, you can drive away in your new KIA vehicle.

KIA Financial offers a range of finance options that can help you to purchase your dream KIA vehicle. The finance options are flexible, competitive, and come with a range of benefits that can make buying a car more affordable and stress-free. If you’re looking to purchase a KIA vehicle, be sure to consider KIA Financial for your finance needs.