Unbeatable Finance Rates

Hire purchase is a product where you pay an initial deposit, followed by equal instalments over a set period. The interest rate is fixed so the payments stay the same for the full length of the agreement. At the end of the period, once you have paid all the instalments and the purchase fee, the car will be yours. Key benefits of Hire Purchase

• Improved cash flow
• Fixed regular payments
• No large final payment

“PCP” is a personal contract purchase product. You pay an initial deposit followed by regular payments over a 2 or 3 year period. Based on your annual mileage a guaranteed minimum future value is set at the start.
At the end of the agreement you can choose what to do next. You can part-exchange for a new vehicle, pay the final payment (which is based on the guaranteed minimum future value) plus the purchase fee and the car is yours, or return the vehicle, without further payment, subject to vehicle condition and mileage.

Key benefits of a "PCP": 

• A new vehicle every 2 or 3 years
• 3 choices at the end of the agreement
• Fixed regular payments

Lease purchase is a type of hire purchase with lower regular payments and a larger final payment, which is based on the expected value of the car at the end of the period. You pay a low initial deposit followed by regular payments over 2, 3 or 4 years and then the large final payment. The interest rate is fixed so your payments won't vary.

At the end of the agreement, provided all the payments have been made (including the purchase fee), the car is yours.

Key benefits of Lease Purchase

• Reduced capital outlay
• Reduced fixed regular payments
• You own the vehicle at the end of the agreement