Finance/Part Exchange

Part Exchange Options

We fully appreciate that many customers will have an existing wheelchair accessible vehicle (WAV) that is no longer required. To make any new purchase with us as easy and stress free as possible we are happy to consider a part exchange on most vehicles whether they are adapted or not.

Please contact us with your vehicle details if you require a part exchange estimated valuation >

Finance Options

Ransome Mobility Solutions have teamed up with Evolution Funding – specialists in financing for WAV vehicles.

Evolution Funding specialise in providing financing to individuals who may have previously found it difficult to fund purchasing of a Wheelchair Accessible Vehicle. As a specialist, Evolution Funding understand the personal requirements of WAV purchases and can offer bespoke solutions to make the vehicle you need affordable to you.

Flexible Financing Options Built Around Your Requirements.
Together, Ransome Mobility Solutions and Evolution Funding can build a suitable finance package. Features available include;

Flexible initial deposits
Extended repayment periods
Sympathetic finance acceptance criteria
Fixed interest rates for the duration of agreement
Early settlement facility
Agreements can be fully or partially settled
No automated credit scoring
Applicant need not be employed
Allowances & pensions taken into account
Multiple allowance holders can be combined
24 hour acceptance decisions

For advice on financing your new WAV from Ransome Mobility Solutions, please contact a member of our team.

COMMON QUESTIONS AND ANSWERS

How do I obtain a finance quotation, or additional background information?

Contact Evolution Funding on 07545 063918 and speak to Jacqui Wilkins, or send an email to jacquiwilkins@evolutionfunding.com. All enquiries are in complete confidence and without obligation or cost.

How long must I wait for a decision on my finance application?

A decision can normally be confirmed within 24 hours of receiving an application.

Is there a limit to the number of individuals allowed on a finance agreement?

No. Agreements can usually be transacted with both multiple customers and/or Guarantors and can take into account multiple allowances, so please ask.

What happens if my financial affairs are handled by an Appointee (private or corporate) or under a form of Power of Attorney, or Court of Protection arrangement?

All of these circumstances can usually be handled without problem.

Can I settle my finance agreement early?

Yes. You can either partially, or fully settle the finance agreement at any point, in line with the contractual terms of the agreement and current legislation.

Will I still be eligible to apply if I do not receive DLA?

Yes

Can my allowance be paid directly to Evolution Funding?

No, they will collect payments from your bank by Direct Debit.

What happens if my DLA award ceases during the term of the agreement?

Nothing, your finance agreement continues, as normal.

What are the minimum and maximum amounts I can borrow?

Minimum £3000 and there is no maximum amount-this will be linked to the profile of the private, or corporate applicant.

What periods can I repay over?

Between 12 and 60 months.

Do I have to pay a deposit?

As a responsible lender, they will always seek to structure the transaction to suit individual circumstances, so please ask about the deposit payment applicable when making an enquiry.

What if I am not in full time employment, retired or receiving Allowances?

You do not need to be in full time employment to apply. Your ability to meet the monthly payments is the most important factor. Evolution take their role as a responsible lender very seriously and endeavour to structure a financial repayment and term to suit your circumstances.

Is a credit scoring system used to make lending decisions?

No. A credit search will be undertaken, but each application is considered on an individual basis.

What credit facilities and products are available?

New and used wheelchair adapted vehicles, for private individuals, groups of people wanting to combine their allowances, business users, including Care Homes, Charities, Community Transport operators. Credit is provided under traditional Hire Purchase where ownership of the vehicle passes to the customer upon full completion of the terms of the agreement.

Are they members of any industry trade bodies?

Yes, members of both the Consumer Credit Trade Association (CCTA) and The Finance & Leasing Association (FLA) whose Lending Code can be inspected at www.fla.org.uk

Is Evoltion Funding regulated?

Yes, they are authorised and regulated by the Financial Conduct Authority.

Who are Evolution Funding?

Evoution funding is the leading automotive funding and retailing group. Since our formation in 2002, we have transformed from a traditional motor finance brokerage into a portfolio of complementary, best-in-class brands, products and services which are designed to put the customer first and help our partnerships to grow.