- Forfar 01307 464187
- Arbroath 01241 877877
- Kirriemuir 01575 572809
Finance Options at Colin M Smith
For all products with a balance of £200 or more we offer two excellent finance options.
Option One - Buy Now Pay Later Finance
With Buy Now Pay Later you can choose 6, 10 or 12 months before having to pay for your new product. Buy Now Pay Later is available on all purchase balances of £200 and over.
That means no deposit and absolutely nothing to pay for up to 12 months. When your deferment period is up, you can either pay the balance in full with along with an early settlement fee of £29 or make monthly payments over 48 months.
We offer 3 simple Buy Now Pay Later finance options to help you spread the cost of your purchases.
- Buy Now Pay Later finance with the first payment deferred for 6 months then 48 monthly payments on orders of £200 and above.
- Buy Now Pay Later finance with the first payment deferred for 10 months then 48 monthly payments on orders of £200 and above.
- Buy Now Pay Later finance with the first payment deferred for 12 months then 48 monthly payments on orders of £200 and above.
The table below shows examples of how much the monthly repayment would be based on the total order value.
|
Order Value |
Defer Terms (Months) |
Payment Terms (Months) |
Deposit |
Monthly Payments |
|
£300 |
6 |
48 |
£0.00 |
£11.35 |
|
£500 |
6 |
48 |
£0.00 |
£18.91 |
|
£1000 |
10 |
48 |
£0.00 |
£41.25 |
|
£2500 |
12 |
48 |
£0.00 |
£107.71 |
Buy Now Pay Later Representative Example:
|
Cash Price |
£300.00 |
|
Deposit |
£0.00 |
|
Loan Amount |
£300.00 |
|
Representative APR% |
29.8% |
|
Interest Rate Fixed |
21.4% |
|
Deferment Period |
12 months |
|
Total Agreement Term |
60 months |
|
48 Monthly Payments |
£12.93 |
|
Total Charge for Credit |
£320.64 |
|
Total Amount Payable |
£620.64 |
|
Early Settlement Fee |
£29.00 (applicable on all Buy Now Pay Later options) |
Option Two - Interest Bearing Finance
We want to make sure that you have access to an affordable way to paying on finance. With flexible interest bearing repayment options available on all purchase balances of £200 and over, we can make those big investments easier to manage.
You can choose to spread the cost over 24, 36 or 48 months, with an interest rate of 19.9% APR representative.
We offer 3 straightforward Interest Bearing Finance options to help you spread the cost of your purchases.
- 24 months Interest Bearing finance on orders of £200 and above.
- 36 months Interest Bearing finance on orders of £200 and above.
- 48 months Interest Bearing finance on orders of £200 and above.
The table below shows examples of how much the monthly repayment would be based on the total order value.
|
Order Value |
Terms (Months) |
Deposit |
Monthly Payments |
|
£300 |
24 |
£0.00 |
£15.02 |
|
£500 |
24 |
£0.00 |
£25.04 |
|
£1000 |
36 |
£0.00 |
£36.30 |
|
£2500 |
48 |
£0.00 |
£73.82 |
Interest Bearing Representative Example:
|
Cash Price |
£300.00 |
|
Deposit |
£0.00 |
|
Loan Amount |
£300.00 |
|
Representative APR% |
19.9% |
|
Interest Rate Fixed |
19.9% |
|
Total Agreement Term |
24 months |
|
24 Monthly Payments |
£15.02 |
|
Total Charge for Credit |
£60.48 |
|
Total Amount Payable |
£360.48 |
At present finance applications are only available in store. Credit is available to permanent UK residents only. Credit subject to status and affordability, terms & conditions apply
Credit is provided by Hitachi Personal Finance, a division of Hitachi Capital (UK) PLC authorised and regulated by the Financial Conduct Authority.