Online tyre sales firm Blackcircles is trying to tempt consumers with a buy now pay later finance offer on tyres.

It claims this is the UK’s first deferred finance offer on new tyres. It enables customers to buy now and pay nothing for six months if they're purchase comes to at least £250.

To take advantage of the deferred finance option customers of Blackcircles.com simply set up their tyre order in three easy steps and then, at the basket section of the website, choose the finance option – with no deposit required there is nothing to pay for the first 6 months.

Once the six months are up, customers can either clear their balance and pay a settlement fee of £30, or pay the balance over 12 months with 29.8% APR.

Blackcircles offers an alternative finance option allowing the customer to pay the balance over 12 months from the date of purchase at 19.9% APR.

Mike Welch, founder and managing director of Blackcircles.com, said: “We have launched this finance offer as we understand how expensive this time of year can be and for many of our customers an unexpected bill can make or break their Christmas celebrations. 

“The reality is that driving on old worn tyres is not only illegal but potentially dangerous therefore replacing your tyres shouldn’t be something that you have to put off – hopefully this offer will allow customers to drive safely and enjoy Christmas.”

Blackcircles acts as a credit broker and the finance is supplied by Secure Trust Bank plc trading as V12 Retail Finance.