HIRE PURCHASE - HP
A simple and traditional way to finance your car over a fixed period for a fixed monthly amount.
How does it work?
- You pay a deposit then make regular monthly repayments to repay the balance, it’s that simple.
- As your interest rate is fixed you’ll know exactly how much you’ll repay at the outset of the agreement.
- The loan is secured against your car.
-Once all the instalments have been paid the car is yours.
What else do I need to know?
- Repayment periods can vary from 12-60 months. The choice is yours.
- If you decide to sell the car before the end of the term a settlement figure will be calculated without penalty, based around the time you have had the loan.
We have many finance options available at highly competitive rates. Using our Car Finance is a fast and convenient way of purchasing your new vehicle without tying up large amounts of capital. In most cases we can get an immediate decision on your loan and with the correct proofs of ID you can drive away on the same day.