Hire Purchase
More commonly known as HP
Buying the car of your dreams has been made easier by the option of Hire Purchase (HP). You are able to spread the cost of your vehicle, over an agreed number of months. With HP you will pay an initial deposit on the vehicle, which differs depending on the cost of the vehicle and what you can afford.
Once you have agreed to the above, signed the documentation the vehicle is yours to drive away. Happy new car day! Once the agreed number of monthly payments have been made are complete, the car is yours, forever.
You are now the proud owner of this vehicle and you may carry on driving it, sell it or part ex it for a new vehicle. The choice is yours.