Hire Purchase

Hire Purchase is more suited to those interested in the more traditional way of financing a car or light commercial vehicle. A deposit is payable at the outset with a predetermined amount of equal monthly payments that follow. Ownership of the vehicle passes automatically to the hirer once the last payment has been made.

Suits

• Private individuals and Employee's opting out of company car schemes
• Those wishing to put down a higher deposit and spread the balance over equal payments
• Individuals who ultimately would like to own their vehicle
• A preference to have complete control over the vehicle

Benefits

• 10% plus initial deposit - you decide
• Equal monthly payments
• Title passes to you on payment of the last instalment
• Fixed monthly payments
• You have complete control over vehicle