Personal Hire Purchase


After paying an initial deposit, the balance of the purchase price is repaid by monthly payments. The agreement can be between one and four years sometimes five years, and when all the payments have been made you become the owner of the vehicle. These options are appropriate if it is important to you to retain your vehicles.

The benefits to you:

  1. You own the vehicle at the end of the agreement.

Considerations:

  1. All risks of ownership, maintenance, administration and disposal remain with you
  2. As you are paying for the vehicle in full you may need to consider that a larger deposit might be required at the start of the agreement, with larger monthly payments over a longer period of time.
 

Not sure if this is right for you? Take our 1 minute "Which finance option is best for me?" or get in touch and we'll help you

Testimonials


Martyn Harris - Director at Absolute Video Testimonial

I gave Stuart a spec for my production vehicle and he delivered with a great price a super vehicle and great customer service, what else can I say.

Martyn Harris - Director at Absolute Video

Christian Channer - Maine Marketing & Associates Testimonial

I can't recommend Stuart highly enough to anyone looking for expert and friendly guidance through the vehicle acquisition maze.

Christian Channer - Maine Marketing & Associates

What is the best funding option for me?