FINANCE
We have partnered with Pegasus Finance who are specialist brokers in financing eclectic and classic machinery such as we specialise in. Click on their link for more info. Please note Finance is subject to status, and no guarantee is given or implied by Motodrome that finance will be offered to clients by Pegasus, or accepted by Pegasus. Click on the link below to access their portal
Financial Disclosure Statement
Simon Waller T/A Motodrome is an Introducer Appointed Representative of Pegasus Finance (a trading style of The Car Loan Warehouse Limited) who are authorised and regulated by the Financial Conduct Authority (FRN 662397). Pegasus Finance are a broker, not a lender and can introduce you
to a number of finance providers based on your credit rating. They may receive a commission for such introductions.
Our registered FRN is 436119
Our only permitted business under FCA regulation is in relation to referrals to Pegasus Finance, any other business actvities we undertake are not subject to the same regulation and would not be protected by the Financial Services Compensation Scheme or the Financial Ombudsman Service.
Written quotations are available on request. Certain exclusions for Northern Ireland residents. All finance is subject to status and income. Applicants must be 18 years or over, terms and conditions apply, guarantees and indemnities may be required.
Representative example
Borrowing £8,000 over 48 months with a representative APR of 14.9%, an annual interest rate of 7.7% and a deposit of £0.00. 48 payments of £218.49 per month. Total cost of credit being £2,487.57 and a total amount payable of £10,487.57. Terms available 12-120 months, 5.9%-49%APR.
Pegasus Finance do not offer financial advice, they look to find the best rate from their panel of lenders and will offer you the best deal that you’re eligible for. They don’t charge a fee for their service, but they may earn a commission. This does not influence the interest rate you’re offered in any way.
WARRANTY
Most of our post 1980 vehicles come with a formal 6 months warranty included, via AutoProtect. The exceptions are, generally, ex-military vehicles, non-UK spec vehicles, and highly-modified (especially in terms of performance) vehicles. Generally, pre-1980 vehicles aren’t accepted by our warranty provider due to their age, but if a warranty can be offered, we’ll say so in the vehicle’s description The warranty is valid for sales within the UK only, and can be redeemed at any VAT-registered garage in the event of a claim – the vehicle does not need to come back to us. A synopsis of what’s covered can be found below:
INSURANCE
Insurance for a specialist, classic or performance vehicle can be a bit of a minefield, and, if you use well-known internet comparison sites, you’ll more often than not come up against ‘computer says no’. Motodrome recommend Adrian Flux for insuring your classic, 4×4, motorhome, camper, modified or imported car, performance or kit car, american car, or military vehicle.
You can either reach them by phone on Freephone 0800 089 0045, and remember to quote our dealer reference D2062 for their best prices, or via the internet here
PART EXCHANGE
Sometimes it’s more convenient for clients to part exchange their current vehicle with us. We can do this, with valuations based on your car’s current trade value. Please note that, by law, if there is any outstanding finance on your current vehicle it must be settled in full at or before point of sale.
All vehicles for part exchange are checked against the Experian database.
We can take your car in part exchange in principle, and will normally offer a competitive price for doing so. Please note however we reserve the right not to take something in part exchange.
If you have a vehicle you want to part exchange with us, you’ll have to bring it to us for assessment. We used to be happy taking the owner’s word as to the condition of their car, but following at least 2 incidents over the past couple of years where part-exchanges were described to us as pretty good, only for us to find once they arrived that they were horror stories (one didn’t even start or drive despite being described as a ‘good car needing nothing’) and we had to get rid of it as such, and consequently lost too much money. So, as usual, a few bad apples have queered the pitch for honest sellers, for which I apologise, but there it is.
Please note however, that we will not take into stock any UK-registered vehicle where a full and current V5c registration document is not available. If it’s ‘lost in the post’ or ‘I’m just waiting for DVLA to issue a new one’ then please sort it out before you offer it to us. This also applies to cherished number transfers – if you want to keep the registration number currently on your car, please sort it out with DVLA beforehand so that when the car comes to us, it has it’s proper number plates fitted and a new V5c to match.
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