Finance Terms is a trading style of Motor Depot Limited.

Motor Depot Limited is an appointed representative of ITC Compliance Limited which is authorised and regulated by the Financial Conduct Authority (their registration number is 313486). Permitted activities include advising on and arranging general insurance contracts and acting as a credit broker not a lender.

We can introduce you to a limited number of finance providers. We do not charge fees for our Consumer Credit services. We typically receive a payment(s) or other benefits from finance providers should you decide to enter into an agreement with them, typically either a fixed fee or a fixed percentage of the amount you borrow. The payment we receive may vary between finance providers and product types. The payment received does not impact the finance rate offered.

All finance applications are subject to status, terms and conditions apply, UK residents only, 18’s or over, Guarantees may be required.

Get pre-approved now (Free ‘Soft Search’ Credit Check)

Our free soft search credit check is an initial look at certain information on your credit report. Companies perform soft searches to decide how successful your application would be without conducting a full examination of your credit history.

Crucially, soft searches aren’t visible to companies – so they have no impact on your credit score or any future credit applications you might make. Only you can see them on your report and it doesn’t matter how many there are.

Apply For Finance (Full Finance Application)

Full finance applications will be carried out when you provide your details through the ‘Apply For Finance' facility on our website, these are ‘Hard Credit Checks’.

When you carry out this type of application, the finance companies make a complete search of your credit report. Each Hard Credit Check is recorded on your credit report, so any company searching it will be able to see that you’ve applied for credit.

Too many Hard Credit Checks over a short period of time can affect your credit score for six months, reducing your ability to get approved for credit in the future.

The more credit applications you make, the more hard checks will appear on your credit report, the greater effect it will have on your credit score and likelihood of getting credit in the future.

What happens after you make an application?

Once you have completed a finance application, a member of our team will contact you to discuss the various options that are available to you. Our team will work closely with you to ensure we are able to provide the most suitable finance package for you, based on your individual circumstances and requirements. We will engage with a panel of mainstream and alternative lenders in order to achieve this.

If you have any queries regarding any of the information above, please contact a member of our Online Support Team by calling 01482 567240 and they will be more than happy to assist with your enquiry, you can also contact our teams using the online chat facility on the website.

Additional Information

Terms and conditions may vary slightly from lender to lender and will be explained in full upon approval.

Please note that the lender will remain the owner of the vehicle throughout the agreement and may become entitled to recover it if you fail to maintain your repayments.

Throughout the agreement you will hold responsibility for the vehicles maintenance and upkeep. This is of significant importance if you chose to finance your vehicle using our personal contract plan or contract hire agreements as you could incur financial penalties for failing to correctly maintain the vehicle.

Representative finance examples are for illustration purposes only and the exact terms of your agreement, such as excess mileage charges, may vary slightly from lender to lender.

Initial Disclosure Document

A PDF of's Initial Disclosure Document, including commission disclosure, can be opened here.

Postal address:, Bridge Haven One, Saxon Way, Priory Park, Hessle, East Yorkshire, HU13 9PG

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