All offers are subject to change at any time, you must be 18 or over and finance is subject to status, vehicle availability and terms and conditions apply. We can introduce you to a limited number of finance companies, a commission may be received. Failure to maintain payments may result in termination of your agreement and the vehicle being returned, this could affect your credit rating and make it more difficult to obtain credit in the future. All prices correct at time of publication.
We purchase a wide variety of vehicles from all over the country to ensure the best quality and value for our customers, all of our cars go through a thorough inspection process and if they do not meet our standards we do not sell them. We endeavour to inform our customers (where possible) the provenance of the vehicle they are buying and as such we will always inform you if the vehicle has previously been either an ex fleet or hire car. Should your vehicle be an ex hire/fleet car please do not be concerned as we would never value this vehicle differently when you come to part exchange it and there is no difference to the CAP valuation either.
You should try and estimate the distance you will travel as accurately as possible to try and avoid excess mileage charges at the end of your contract.
Your options at the end of the lease are determined by your lease type. There are 2 main lease types:
PCP - Under a Personal Car Purchase agreement, you have the option to return, part exchange or keep the car. If keeping the car an end value known as the balloon payment will need to be paid.
PCH – Under a Personal Contract Hire agreement, before the end of the leasing agreement, you will be contacted by your vehicle supplier to arrange the return of the vehicle. You can simply return the car without any further commitment or extra charges, given the car is returned in the agreed condition and within the agreed mileage limit, if you go over the agreed mileage allowance or the car is deemed to have damage beyond fair, wear and tear then charges will be incurred . Dependent upon the lease type, you may have the option to choose to buy the vehicle or part exchange.
You can see the benefits of PCP leasing here and PCH leasing here.
Another option Hippo offers is HP. With Hire Purchase, you own the car at the end of the lease. The total value of the car is split and paid over the period of the agreement.