Hire Purchase (HP)

Hire Purchase is great if you're looking for a finance agreement with no mileage restrictions and you want to own the car at the end.

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1. Personalised Finance Choose your initial payment and how long you want to pay back the finance over. 2. Monthly payments

The amount left to finance is then divided equally over the length of your agreement to make up your monthly payments.

3. Full ownership Once you have made all repayments, and paid the option to purchase fee, you own the car.

No mileage restrictions

As you own the vehicle at the end of the agreement, there is no limit on how much you can drive the vehicle.

You own the vehicle at the end

Hire Purchase is a simple agreement, once you have paid all the monthly payments the vehicle is yours to sell, trade in, or keep.

Monthly payments to suit you

Hire Purchase is a straightforward way to buy a new or used vehicle without a large financial outlay up front. By breaking down the cost of the vehicle into monthly payments, it enables you to budget reliably over the next 1-5 years.

Bespoke to your needs

You determine how long you want to spread the finance over, and how much of an initial payment you want to put down. This enables you to tailor the agreement to suit your situation.