Guarantee Details

Lowest Rate Guarantee

If you complete a finance deal on any vehicle supplied through MK Car Finance you have a legal right to withdraw from the finance agreement within 14 days of signing the finance documents. You will need to make MK Car Finance aware that you wish to withdraw within this 14 day period and you will have a further 30 days to return the funds, plus any accrued interest.

Please note that this is relevant to the finance only and does not give you the ability to return the goods.

You will not be required to provide a reason for you wanting to withdraw should you choose to exercise this right. Further details are provided on your finance agreement.

You may wish to withdraw from the finance agreement because you have obtained a cheaper line of credit elsewhere and wish to take advantage of it. This allows you two full weeks to find an alternative source of finance, get the new agreement paid out and a further 30 days to repay the original agreement balance either to MK Car Finance or the relevant lender.

As part of our lowest rate guarantee, any charges incurred in settling the original agreement will be paid for by MK Car Finance as long as the correct process is performed and time scales adhered to.

We welcome the challenge and we really doubt you will beat our rates, but if you do we will make it as easy as possible for you to withdraw from your agreement and go elsewhere to save money.

7 Days to Change Your Mind

Applies to most vehicles in the event you find out you can’t get on with the car. This will be explained in full when you visit a branch and choose your new car. There are charges for mileage etc and items bought that are specific to that car such as paint protection would not be refunded but all will be explained in full at point of sale and terms vary depending on the price and type of car.

Lowest Price Guarantee

Applies to most vehicles and the rules are simple.

If you buy a Car through MK Car Finance and find the same car locally within 48 hours at a lower price we will refund the difference plus £10. This is subject to our discretion and the following conditions.

1. The alternative vehicle must be the same age (as determined by the year denoted on the vehicle registration number i.e. “06” plate) and the same specification as the MK Car Finance vehicle.
2. The alternative vehicle must have the same (within 1,000 miles) or lower mileage that the MK Car Finance vehicle. The mileage must be warranted.
3. You must have a written quote from a VAT registered professional motor dealer, trading as a limited company from a permanent premises within a 45 mile radius of our place of business that delivered your vehicle. The quote must be stated within 48 hours of your purchase and may not pre-date this purchase, or an MK Car Finance representative must be able to view the vehicle ‘live’ on a dealer website.
4. Lowest Price Guarantee claims must be made before delivery/ collection of the vehicle.