Black Horse leisure
finance product comparison
Compare our leisure finance products
What is leisure finance?
Black Horse Leisure Finance helps you spread the cost of a new or used caravan or motorhome.
Instead of paying the full cost of the caravan or motorhome upfront, you would typically pay a deposit and make monthly repayments which include any interest payable, over an agreed term.
Black Horse buys the caravan or motorhome on your behalf and you will become the owner once all monthly repayments and any optional final repayment including interest have been made.
Our finance products
The dealers that we work with may offer a range of finance products. Each of our finance products works slightly differently.
Our products and the differences between them are explained in more detail below.
Further information is also available in our Product Guides. You should read these guides to help you decide which product is right for you.
Caravan Product Guide (PDF, 1.5MB)
Motorhome Product Guide (PDF, 1.7MB)
Alternatively, why not watch our Finance Product Videos which can be found below.
All lending is subject to status checks and an affordability assessment.
|
Key customer information |
Hire Purchase (HP) |
Personal Contract Purchase (PCP)
|
|---|---|---|
|
Key customer information New and used Caravans or Motorhomes |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP) New caravans or motorhomes only |
|
Key customer information Length of agreement |
Hire Purchase (HP) From 1 - 10 years.* |
Personal Contract Purchase (PCP) From 1 - 5 years. |
|
Key customer information Deposit / Initial payment required |
Hire Purchase (HP)
£0 deposit may be available |
Personal Contract Purchase (PCP)
|
|
Key customer information Fixed monthly repayments |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP)
|
|
Key customer information Optional final repayment at agreement end |
Hire Purchase (HP) - |
Personal Contract Purchase (PCP)
|
|
Key customer information Maximum permitted age at agreement end |
Hire Purchase (HP) Caravans and motorhomes - typically 20 years. |
Personal Contract Purchase (PCP) 5 Years |
|
Key customer information Ownership at agreement end |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP)
|
|
Key customer information End of contract goods return option |
Hire Purchase (HP) - |
Personal Contract Purchase (PCP)
|
|
Key customer information Maximum Annual Mileage - Motorhomes only |
Hire Purchase (HP) - |
Personal Contract Purchase (PCP)
|
|
Key customer information Mileage charges (if you exceed agreed mileage) - Motorhomes only |
Hire Purchase (HP) - |
Personal Contract Purchase (PCP)
|
|
Key customer information Condition Charges (if caravan or motorhome is not in good condition upon return) |
Hire Purchase (HP) - |
Personal Contract Purchase (PCP)
|
|
Key customer information Voluntary termination rights |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP)
|
|
Key customer information Early Settlement option |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP)
|
|
Key customer information Fully comprehensive insurance required |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP)
|
|
Key customer information Ability to amend monthly payment due date |
Hire Purchase (HP)
|
Personal Contract Purchase (PCP)
|
Our finance product videos
Our finance product videos explain the finance products available from Black Horse.
Watch the videos to help you decide which product is right for you.
Hire Purchase (HP)
