We only use cookies for website functionality and security.
FAQ / Loan questions

Fees and Charges

What is an ‘Option to Purchase’ fee?

It’s a fee for transferring ownership (the Title) of the vehicle from us, the finance company, to you, the customer.

This is due and must be paid with the final payment of your loan term, as outlined in your Terms and Conditions.

Documents

We've collected all our useful documents in one place for your convenience.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551