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Hire Purchase Car Deals

Last Updated: 15th Nov 2018

Many people want to finance their car in order to own it outright, and for those people, a hire purchase agreement is the way to go. You can also make a personal contract purchase (PCP) deal as an alternative way of buying your car.

Why Choose HP Car Finance?

Hire purchasing (HP) spreads the cost of your dream car over affordable fixed monthly payments, and at the end of the contract period, the car is yours to own! This form of car finance works in two easy steps:

  1. Put down an initial deposit of three, six or nine months, whichever period of time is most comfortable for you
  2. Pay an agreed monthly payment. This is based on the value of the car; the deposit you put down; the length of the agreement; and the interest charged (which is influenced by your credit score). HP contracts last from 24 to 60 months with Hippo Leasing.

With HP, the larger the initial payment you put down and the better your credit score, then the lower your interest rates and as a result the lower monthly instalments will be.

Payments are decided by a finance company as Hippo Leasing is a broker not a lender. With an HP car, although it is yours to own (or sell) at the end of the contract, you are still able to upgrade to another vehicle via part exchange. If you prefer you can end the contract through a settlement fee. Find out more about HP car finance in our handy explainer article.

Why Hire Purchase With Hippo Leasing?

With Hippo Leasing you are getting HP finance deals you can trust from an award-winning vehicle solutions provider. Hippo is authorised and regulated by the Financial Conduct Authority (FCA),and is a member of the BVRLA and the Leasing Broker Federation.

What Vehicles Can I Take A HP Agreement With Hippo?

With Hippo Leasing, all our vehicles are available through hire purchase. This includes vans and pick-up for fleet managers and sole traders looking to expand their fleet. With 600 vehicles in stock and access to a network of over 6,000 cars, Hippo Leasing can get you the car you prefer - simply use the search tool above or browse our deals here and get in touch with your requirements.

To find out more about any HP car deals on offer, simply head on to the deal page and fill in the enquiry form and one of our account managers will be in touch quickly. Alternatively, give us a call at 01254 95666 or email today.