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Hire Purchase

Hire Purchase (HP)

There are many benefits to choosing Hire Purchase as your finance option:

·         Flexible deposit options, 0% deposit may be available subject to status (includes part-exchange)

·         Set fixed payments to suit your budget

·         Interest rate fixed and competitive

·         Pay over chosen period 1 to 5 years

·         Available on cars up to 10 years old at start of agreement

·         No mileage restrictions

·         Protection under Consumer Credit Act

·         Quick and easy to arrange

·         Ideal if you wish to own the vehicle at the end of the agreement

·         No early settlement fees

·         You can borrow any amount from £1,000 to £250,000

Please note the car will be used as security for the loan, just as a house is for a mortgage.