1. Personal Finance
  2. Personal Hire Purchase
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Hire Purchase

This is a popular choice if you want to own the vehicle at the end of the agreement. Your payments are fixed for the length of the contract, so budgeting is easy.

Benefits of Hire Purchase

01

Pay monthly

Simplify your budget with fixed monthly payments for your vehicle over the duration of your hire purchase agreement.
02

Travel freely

With hire purchase, there are no mileage restrictions, so you can drive without having to worry about clocking up the miles.
03

Own your vehicle

At the end of the agreement there is no large final payment and you can take ownership of the vehicle.

How Hire Purchase works

Customise your plan

You decide on your deposit, it’s totally flexible and you can even arrange your hire purchase contract with no deposit at all.

Decide on your contract length

The length of the contract is up to you, choose a term that suits you best between 24 and 60 months.

Own your vehicle

Once you’ve made your final payment, the car is yours to keep, or discuss your options with your local dealer.

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