Hire Purchase (HP) is selected. Please ensure you review all available monthly and pay in full options above so that you can make an informed and reasoned decision.
Hire purchase is a way of paying for a new or used vehicle. You’ll pay an initial deposit that is agreed beforehand, then pay off the remaining value of the vehicle in monthly instalments, which are also set in advance. Essentially, you are paying off a loan that is secured against the vehicle you’re buying and won’t own the vehicle until all your monthly payments are made. In short, you’re hiring the vehicle for a contracted amount of time, then you’ll have the choice to buy or return it to the dealership once this time is up.
How does HP work? Click here to find out
First payment: | £408.67 |
46 regular payment of | £408.67 |
Final payment | £408.67 |
Cash Price | £18,499.00 |
Cash deposit | £2,774.85 |
Total deposit | £2,774.85 |
Amount of credit | £15,724.15 |
Total amount payable | £22,391.01 |
Option to purchase fee | £0.00 |
Documentaion fee: | £0.00 |
Interest rate (fixed): | 11.9% |
Representative APR | 11.9% |
Annual Mileage | 9000 |
Excess Mileage | 0 pence per mile |
The free, easy way to get a valuation.