KMS Motorsport are proud to offer Finance options, provided through Pay4Later – the name you can trust.
Covers parts or parts and service – so why wait? Pay4Later with finance packages covering purchases from £450, minimum 10% deposit, rates start from 0% APR but typically 19.9% on most purchases. Acceptance subject to status and credit history.
General Finance Information
Pay4Later offer both interest bearing and interest free finance options to our customers.
KMS Motorsport interest bearing finance option is available online, in-store or over the phone on purchases of £450 including VAT or more. It’s quick, easy and in most cases you’ll get an instant decision. Our online retail finance partner is Pay4Later and all credit is provided subject to status.
You can apply for credit in several different ways:
• Just make a note of the items you are looking to finance, complete the form below, and you will receive an online application for finance, direct from Pay4Later. It couldn't be any simpler!
• Call us, on the number above, and our sales team will arrange the application form to be sent directly to you via email.
• Visit us in-store. One of our sales team will assist you with the application form, which you can sign right away.
However you apply, it only takes a couple of minutes and you get an instant decision.
Classic Credit Finance
Example Finance Option (Classic Credit)
Cash Price £660.00
Deposit £66.00 (10%)
Amount of credit £594.00
Payable by 12 monthly instalments of £54.45
Typical APR 19.9%
To apply for finance you must meet the following criteria:
• You must be over 18 years of age.
• You must be a UK resident with at least 3 years continual address history.
• You must be in full time employment, unless retired or a house person with a spouse in full time employment.
• You must have a UK bank account capable of accepting Direct Debits.
• The goods must be delivered to your home address.
Credit is available on all purchases over £450 including VAT.
Buy the items you want now + accessories, all for a low monthly payment.
Select 12, 24 or 36 month repayment periods.
Choose a higher-spec product for a few pounds more per month.
You can include clothing and accessories.
You can spread the cost of your purchase to minimise your monthly payments.
One-stop shopping: no need to go to a bank to secure funding.
Keep cash for day-to-day expenses.
Fixed repayments – your payments are fixed for the duration of the agreement allowing you to budget more effectively.
Is a deposit required?
Yes, on our classic credit option a 10% deposit is payable by credit or debit card upon acceptance.
How are my monthly payments paid?
All monthly payments are paid by direct debit from your personal bank account. Typically the first payment will be due one month after the date of the finance agreement and subsequent monthly payments will be due every month for the length of your term on that day of the month.
What type of equipment can I purchase?
Almost everything apart from consumable items that potentially would require replacing before the finance period has been completed, e.g. brake pads, tyres, oils and the like. Special order items cannot be returned and please remember that the minimum order value is £450 including VAT.
What length of repayment is available?
You can choose a 12, 24 or 36 month loan repayment period.
Can I pay my agreement off early?
You have the right under section 94 of the Consumer Credit Act 1974 to repay early in full or in part at any point. If you wish to pay any amount early you must give notice to the credit provider, Omni Capital Retail Finance. Unless you repay in full, any early repayment you make will not reduce the duration of the agreement but, if you give them notice of your intention to pay an amount early, they will recalculate the amount of the remaining monthly instalments.