Car Finance HP Explained

What is Hire Purchase or HP?

Hire Purchase (HP)

Hire Purchase allows you to spread the agreement cost of your vehicle over a term of up to 60 months paying a fixed monthly amount for this duration, often a preferred option for those who like to work to a fixed budget. Furthermore at the term end the vehicle is yours, with nothing further to pay, perfect for those who prefer outright ownership.

Please Watch the informative video explaining Hire Purchase below.