Leasing Finance

Last Updated: 27th Sep 2018

What Are The Benefits Of Hire Purchase Finance?

Hire Purchase agreements allow you to pay for the value of the car over time instead of in one lump sum. The benefits include fixed monthly payments that mean you can budget effectively without experiencing any surprise increases. At the end of the agreement, you own the car without requiring any additional balloon payment.

If you have good credit, you will also pay less interest on the car over the HP agreement meaning you may save money overall.