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Hire Purchase

HIRE PURCHASE



WHAT IS HIRE PURCHASE (HP)

Hire Purchase could help you buy your dream car while spreading the cost. Agree an initial deposit with the dealer and your agreement term and monthly repayment amount then the dealer will submit the finance application to us and subject to your application being approved, you can just drive it away – and after you’ve made all the repayments including the interest the car’s all yours.


HOW IT WORKS

  • Borrow any amount from £1,000 for new or used cars
  • Set your repayments to suit your budget
  • Cars up to 14 years* old – repay over 1 – 5 years
  • Flexible Deposit Options – 0% deposit may be available subject to status

WHAT YOU NEED TO KNOW

  • HP is Ideal if you want to own your car outright at the end of your agreement & you like to budget and know the exact repayment amount each month
  • The choice is yours: Choose any new or used car up to ten years’ old
  • Budget with confidence: Fixed regular repayments, giving you peace of mind
  • Protection under the Consumer Credit Act Termination Rights & Protection under the Consumer Rights Act
  • You do not own the vehicle until the final repayment has been made


For more information or a finance quote, contact our Business Manager Dean today on 028 8225 1515