Hire Purchase Car Finance

Hire Purchase (HP): borrow a set amount of money over an agreed period at a fixed interest rate. The amount borrowed and the total interest is divided across the entire agreement, meaning you pay the same amount each month. You can also pay off the total early.

Key Features
:
• Fixed monthly payments
• Fixed interest rate means interest doesn’t fluctuate
• Option to pay off the agreement early
• No annual mileage limits