Hire Purchase is a traditional form of finance where you pay a deposit, followed by fixed monthly payments of capital plus interest. Part of the balance can be deferred until the end as a final balloon payment. The vehicle is yours to keep when you have made the last payment.
- Both new and used vehicles
- Vans up to 3.5 tonnes
- Competitive APRs
- You own the vehicle at the end
- Fixed monthly payments mean easier budgeting
- Additional credit line
- Business users can claim Capital Allowances despite title not passing until the final payment has been made
- Interest allowable against taxable profit
Call us now on
01908 262662
