Financing a new car with Kia Ireland involves understanding specific terms and conditions. Kia Ireland’s finance offers, often through Bank of Ireland Finance, operate as Hire Purchase agreements. A key term is the Guaranteed Minimum Future Value (GMFV), important if you plan to renew or keep the car at the end of the agreement. Note that exceeding mileage or vehicle condition may lead to extra charges from your Kia dealer.
Qualifying for Kia Ireland finance requires meeting lending criteria and conditions, including a minimum deposit. The APR, inclusive of a documentation fee, can change. Dealers may receive commission from Bank of Ireland Finance for arranging finance.
Be mindful of potential charges for early hire purchase agreement repayment. Missing repayments can cause arrears, harming your credit rating and future borrowing ability. Always fully review Kia Ireland and Bank of Ireland Finance’s terms and conditions for informed decisions.
