Time Out

Time Out

There are certain times of the year when consumer finances are most under pressure, such as at Christmas or during the summer holidays. Time Out is Carlyle Finance's unique Hire Purchase product allowing the customer to take a one month payment break during each year of the finance agreement.

Customers can choose when to take a break each year, provided that it is not within the first three months of the agreement. The impact of this is to extend the finance payment period, so that a 24 month agreement becomes a 26 month agreement and a 36 month agreement becomes a 39 month agreement. The customer still pays the same number of payments just over a longer term.

By planning ahead carefully a customer can smooth out the peaks of the financial year and make it that bit easier to ensure they can control their key finances; another smart idea to help the customer to get the car and finance they want.

Time Out is available, subject to underwriting on new and used cars up to five years old.