Hire Purchase still has 25% of the vehicle financing market and is available to companies and end users who wish to purchase their vehicles outright over a set period of time.
HP is designed to allow you to spread the cost of your vehicle evenly over a period of time making it that bit simpler for you to budget for and giving you complete ownership at the end of the agreement.
Main benefits of HP:
- Fixed regular payments for easy budgeting
- Variable deposit options
- You own the vehicle at the end of the agreement
- No deferment or lump sum to pay
- No restrictions on the type of car you wish to purchase
Hire Purchase a basic walkthrough:
- When you have chosen your perfect car, one of our Sales Executives will tailor the repayment plan to suit fit around the amount of deposit you wish to utilise and in turn your monthly payment.
- The terms of the agreement are usually between 12 and 60 months and the deposit you pay will be deducted from the price of your chose car.
- The remaining balance is paid every month until the end of the agreed term where the vehicle will be yours to keep.
If you would like more assistance or would like to discuss any financing options available to you please call any member of our team on 01472 358 625.