What is it?
Hire Purchase is the simplest way to buy your new Car with finance. Just pay
a deposit (if any), make regular monthly payments for a fixed period and,
at the end of the period, the car is yours.
Flexibility
Choose the length of the repayment period to suit your budget - within the
usual repayment period of 12-60 months - it’s entirely up to you.
Fixed repayments
At the beginning of the agreement, the amount you pay every month and
the repayment period is fixed and will not change.
Fixed interest
Even if other interest rates go up, the interest rate on your finance
repayments will not be affected.
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Example Hire Purchase |
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| Make & Model |
New Fiat Punti 1.2 Active 3DR Sport |
| Vehicle Cost |
£7,995.00 |
| Deposit |
£799.00 |
| Balance |
£7195.00 |
| |
|
| 1st Payment |
£273.89 |
| 46 Payments |
£173.89 |
| Final Payment |
£223.89 |
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|
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Subject to Availability, APR 8.8% |
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