Conditional Sale Explained
A Conditional Sale (CS) agreement is similar to Hire Purchase (HP). These are different from ordinary credit agreements because under CS and HP agreements you do not own the car until you have paid off the agreement.
What is CS financing?
CS Finance is a Conditional Sale agreement where you own a car once the last monthly payment has been made. During this agreement, you’ll be a registered keeper of the vehicle, but the finance company remains its owner throughout the term until you’ve paid off the Conditional Sale finance.
Do you own car at end of CS?
At the end of the term, you own the car. Unlike PCP, there is no option as to whether you do or don’t buy the car. That also means there’s no balloon payment – by the end of your term, the car will be fully paid off.
What is CS on Autotrader?
Conditional Sale (CS)
With CS, you can spread the cost of a vehicle over the course of one or several years and will have bought the vehicle by the end of the contract.
What does CS mean for cars? – Related Questions
Is car hire purchase a good idea?
A hire purchase scheme can be a great way of getting your hands on it quickly while spreading the cost over an agreed period. This method of asset finance results in a monthly repayment and transfer of ownership to you once the term ends and all funds have been repaid.
Is financing a car a good idea?
Financing a car may be a good idea when: You want to drive a newer car you’d be unable to save up enough cash for in a reasonable amount of time. The interest rate is low, so the extra costs won’t add much to the overall cost of the vehicle. The regular payments won’t add stress to your current or upcoming budget.
Who is the owner of Auto Trader?
Auto Trader Group
| Type |
Public |
| Founders |
John Madejski, Paul Gibbons |
| Headquarters |
Manchester , England, UK |
| Area served |
United Kingdom Ireland |
| Key people |
Ed Williams (chairperson) Nathan Coe (CEO) |
How does Auto Trader make money?
Auto Trader makes money from charging them a stock advertising charge on a per-car basis. Retailers with large amounts of stock can get a discount on the standard charge. More money can then be earned by upselling value-added services that help sellers become better engaged with sellers or to source their cars better.
Is Auto Trader reputable?
Autotrader is a reliable resource for finding vehicle values and additional unbiased research. Autotrader doesn’t have a physical inventory, which means you’ll just be put in contact with nearby dealerships. You can compare prices, deals and inventory at nearby dealerships online.
What happened to Auto Trader magazine?
It stopped publishing the print editions of Auto Trader in June 2013 to focus on Autotrader.com and its related digital products.
Is Auto Trader still printed?
The last print edition of Auto Trader’s magazine came out in 2013, though it still feels like yesterday we were out on the shelves.
Who owns Kelley Blue Book?
Cox Automotive
Kelley Blue Book / Parent organization
Cox Automotive is an Atlanta-based business unit of Cox Enterprises, formed in 2014 to consolidate all of Cox’s global automotive businesses, including Kelley Blue Book, Xtime, Autotrader.com and Manheim.
Wikipedia
Who owns Cox Automotive?
Cox Enterprises
Cox Automotive / Parent organization
Cox Enterprises, Inc. is a privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Communications and Cox Automotive.
Wikipedia
How rich is the Cox family?
The Cox family is the 14th-wealthiest family in the world with a combined $33.6 billion net worth. James M. Cox started the family fortune in 1898 in Dayton, Ohio when he bought the Dayton Daily News.
How many dealerships does Cox Automotive own?
Based in Atlanta, Ga., we have 34,000+ team members in more than 200 locations worldwide, and partner with more than 40,000 auto dealers as well as most major automobile manufacturers.
What kind of company is Cox?
Cox Communications is the largest private broadband company in America, proudly serving over 6.5 million residences and businesses. It provides advanced digital video, Internet, telephone and home security and automation services over its own nationwide IP network.
What does Cox stand for?
COX
| Acronym |
Definition |
| COX |
Cyclooxygenase |
| COX |
Coxswain |
| COX |
cytochrome c oxidase |
| COX |
Coaxial |
Who bought Cox?
The sale closed in 2006 and those systems were transitioned by their new owner from Cox branding to Suddenlink Communications. On May 14, 2007, Cox announced that they had sold their investment in Discovery Communications for the Travel Channel, related assets, and $1.3 billion.
Who owns Cox and Cox?
// Cox & Cox is an online home interiors retailer founded by Fiona Cox.
Is Cox owned by AT&T?
Jim Robbins, Cox’s chief executive officer, said in an interview that Cox had been planning for some time to sell its AT&T stake. “We’re an operating company, not a holding company,” he said.