HP

Our most popular method of financing motor purchases

HP

Our most popular method of financing motor purchases

Hire Purchase is the most popular way of funding motor purchases.

Payments are divided equally over the term at a fixed rate of interest and after the final repayment the vehicle becomes the property of the customer.

With a comprehensive panel of lenders, we have the right Hire Purchase agreement for every type of vehicle and your various customer needs.

  • 32 lending partners – Prime, Niche and Rate for Risk
  • Cars, Commercial Vehicles, Lifestyle Vehicles, Motorcycles and Motorhomes
  • New to 15 years at the end of the agreement
  • Rates from 5.9% APR
  • 0% subsidies available
  • No minimum deposit
  • 12 – 60 mth terms available (120 mths on Motorhomes)
  • Quotations can be configured by PAF, APR or commission
  • Joint Venture relationships with Prime and Rate for Risk lenders
  • Own book lending via Evolution Loans allows common sense underwriting for marginal deals