Buying a used Alfa Romeo with hire purchase (HP) car finance

Alfa Romeo is an iconic Italian car manufacturer known for its stylish design, spirited performance, and rich automotive heritage.

At AutoMoney Motor Finance we can help you secure HP car finance on a used Alfa Romeo within minutes.

What’s more we can complete your deal the same day, so you can drive home with your chosen Alfa Romeo model straight away.

Apply now for HP car finance

Complete your details via our online form.

Get started online

Representative example

You could borrow £10,000 over 60 months with an initial payment of £490.66 (including £199 Admin Fee) followed by 58 monthly payments of £291.66 with a final payment of £490.66 (including optional £199 Option to Purchase Fee).

Total amount repayable will be £17,897.60.

29.3% APR, annual interest rate (fixed) 24.7%.

This example uses the representative APR. This is the rate at least 51% of customers are expected to get.

Lending is subject to status and additional affordability checks. Rates quoted are subject to change and will depend on lending amount and personal circumstances.

Contents

Want to know more about buying a used Alfa Romeo?

Strengths of Alfa Romeo

  1. Stylish design:
    Alfa Romeo vehicles are renowned for their stunning and distinctive design. With sleek lines, aggressive stances, and elegant interiors, Alfa Romeos are some of the most aesthetically pleasing cars on the road.
  2. Performance and handling:
    Alfa Romeo cars are celebrated for their engaging driving dynamics. With responsive steering, balanced handling, and powerful engines, models like the Giulia and Stelvio provide a thrilling driving experience.
  3. Rich heritage:
    Alfa Romeo’s long history in motorsport and automotive design contributes to its prestigious image. Owning an Alfa Romeo means being part of a legacy that values performance and innovation.
  4. Advanced technology:
    Modern Alfa Romeo models come equipped with advanced technology features, including infotainment systems, driver assistance technologies, and connectivity options. These features enhance both the driving experience and safety.
  5. Unique character:
    Alfa Romeos have a unique character that sets them apart from other cars. The brand’s dedication to combining performance, style, and Italian craftsmanship creates a distinctive and passionate driving experience.
  6. Strong community:
    Alfa Romeo has a dedicated community of enthusiasts. This support network can be beneficial for finding advice, parts, and events, enhancing the ownership experience.

Weaknesses of Alfa Romeo

  1. Reliability concerns:
    Historically, Alfa Romeo has had a reputation for reliability issues. While newer models have made significant improvements, it’s essential to research specific models and be aware of any potential problems.
  2. Maintenance costs:
    Alfa Romeo vehicles can be expensive to maintain. Parts and service costs are typically higher than average, and specialised care may be required. Be prepared for potentially higher running costs, including insurance and repair bills.
  3. Depreciation:
    Alfa Romeo cars tend to depreciate more rapidly than some other brands. This can be a concern if you plan to sell the car in the future, but it can also make used models more affordable initially.
  4. Fuel efficiency:
    Some Alfa Romeo models, especially those with larger engines or high-performance variants, may not be as fuel-efficient as other cars in the same class. Consider the ongoing fuel costs based on your driving habits.
  5. Interior space:
    While Alfa Romeo cars offer stylish interiors, they may lack the spaciousness and practicality of some competitors. This is especially true for models like the Giulia, which might not offer as much rear-seat or cargo space.

Tips for buying a used Alfa Romeo

  • Research specific models:
    Popular models like the Giulia, Stelvio, and Giulietta each have unique characteristics. Research specific model years for any common issues or recalls to ensure you make an informed decision.
  • Check service history:
    Ensure the vehicle has a comprehensive service history. Regular maintenance by authorised Alfa Romeo service centres is a good indicator of a well-cared-for car.
  • Inspect for wear and tear:
    Look for signs of wear and tear, especially on high-mileage models. Pay close attention to the condition of the interior, electronics, and suspension components.
  • Consider certified pre-owned:
    Buying a dealership-certified pre-owned Alfa Romeo offers benefits like extended warranties and rigorous inspections, providing added peace of mind.
  • Evaluate running costs:
    Factor in potential running costs, including insurance, road tax, and fuel consumption, to ensure the car fits within your budget.

Overall, a used Alfa Romeo can offer a stylish and exhilarating driving experience, with advanced technology and a rich heritage. By doing thorough research and inspections, you can find a high-quality used Alfa Romeo that meets your needs and provides lasting satisfaction.

Buying a used Alfa Romeo with HP car finance

One of the ways to buy a used Alfa Romeo, if you do not have enough money to pay for it in full straight away, is to use HP car finance.

This is where you ‘hire’ the Alfa Romeo from us, spreading the cost of the car over monthly payments to us. These payments contribute towards you ‘purchasing’ (buying) the Alfa Romeo from us at the end of the term of the borrowing, when you also pay a one-off “option-to-purchase” fee.

At this point you own the Alfa Romeo completely and our contract comes to an end.

The pros and cons of HP car finance

Borrowing money to buy anything comes with risks, as well as rewards.

Buying a used Alfa Romeo could be the right choice for you and an ideal solution to the practical challenges of getting about day to day. However, whilst a used car can be significantly cheaper than its brand new alternative, it still involves spending a lot of money.

When you borrow money, you need to make sure you can keep up with payments comfortably. You will have other bills to pay and necessary things to buy, so you don’t want to find that the payments on your Alfa Romeo are leaving you short of money each month.

There are also other considerations when buying a used car and below we share the pros and cons, to help you decide if applying for HP car finance is right for you.

The pros

  • Drive away in a Alfa Romeo today: with HP car finance you can get a Alfa Romeo, even if you don’t have all the money for it right now.
  • Spread the cost of owning your Alfa Romeo: cars are expensive, but are often an essential part of daily life. When you buy your Alfa Romeo with HP car finance, you can pay for it gradually over time.
  • Manage your finances: HP car finance comes with a clear payment plan. You can easily compare what your finances will look like each month by taking away the money your Alfa Romeo will cost you, alongside your other bills and costs, from your income to make sure it is affordable for you.
  • Decide how much you can afford each month: if you find the Alfa Romeo you are looking at is too expensive per month, you can look at other options, with lower monthly costs.
  • Choose a term that suits you: you can repay over 3-5 years, which will impact the monthly cost to suit your monthly finances. Borrowing for longer reduces the monthly cost, but be aware it may increase the total amount you repay.
  • Own your Alfa Romeo at the end of the term: If you keep up with your monthly payments, and can afford the “option-to-purchase” fee, you will own your Alfa Romeo at the end of the term of your agreement.

The cons

  • Delayed ownership: You won't own the car until the final payment is made. Missing payments could result in your Alfa Romeo being repossessed.
  • Depreciation: Used cars can lose value quickly. You might end up paying more than the Alfa Romeo is worth over time.
  • Higher total cost: The total amount paid, including interest and fees, will be much higher than the Alfa Romeo’s purchase price.
  • Insurance requirements: Comprehensive insurance is required, which can be more costly.
  • Credit impact: Missing payments can negatively affect your credit score, making future borrowing more difficult.
  • Repossession risk: Failure to make payments can lead to the car being repossessed, possibly leaving you with outstanding debt.

Please make sure you read and understand your hire purchase agreement, maintain your car and ensure you can afford the payments before committing.

Why get HP car finance with AutoMoney Motor Finance?

  • Icon Dealers Tick

  • Get a finance decision within minutes

  • Icon Dealers Tick

  • Complete the same day

  • Icon Dealers Tick

  • Enjoy world class customer service

  • Icon Dealers Tick

  • Work with a company built on values that put you first

AutoMoney Motor Finance is part of a family-owned company called Norfolk Capital Group. Our chairman built all his businesses on strong values, which we look for in every employee that works here.

Integrity

We expect employees to act with unyielding integrity when working with you. We know where our moral compass takes us and we follow it without compromise.

Service

We are here to serve you to the best of our ability, with a consistency you can benefit from time and again. We understand that great service is vital to mutual success.

Honesty

We expect employees to tell the truth and act honestly. We will admit to failings or shortcomings, fix anything we can and learn for the future. We always say it as it is.

Trust

We want you to know that you can trust the advice and products we offer on an unconditional basis.  We will work tirelessly to demonstrate your trust is well placed.

Openness and transparency

We will be open and transparent in all communication, to demonstrate to you that we are always doing the right things to help you.

Fairness

We will treat you fairly in all our dealings with you. We want the relationship you have with Commercial Trust to be rewarding.

Humility

We carry out our business in a humble manner. We will let the quality of what we do, the strength of our values and feedback from clients, like you, speak for us.

Equality

We treat everyone who works for and with us as equal, irrespective of age, gender, race or sexuality.

Ready to apply?

We hope you found the information on this page useful. If you are now ready to apply for HP car finance with us, we’d be pleased to help.

Get started with an application using our online form:

Get started online

Representative example

You could borrow £10,000 over 60 months with an initial payment of £490.66 (including £199 Admin Fee) followed by 58 monthly payments of £291.66 with a final payment of £490.66 (including optional £199 Option to Purchase Fee).

Total amount repayable will be £17,897.60.

29.3% APR, annual interest rate (fixed) 24.7%.

This example uses the representative APR. This is the rate at least 51% of customers are expected to get.

Lending is subject to status and additional affordability checks. Rates quoted are subject to change and will depend on lending amount and personal circumstances.

↑