Hire Purchase, Solihull West Midlands
Hire Purchase is the most traditional way to fund a vehicle.
You can modify the term and deposit to find a payment that suits your budget.
Unlike a variable rate loan, your rate of interest and monthly payments are fixed for the duration of the agreement.
You can settle your agreement at any time and you will recieve a rebate of interest
An HP agreement gives you a number of benefits over a normal loan such as
Being fast and easy to obtain
As the dealership is paid directly you will get quicker delivery of your new vehicle Because the vehicle acts as the security there is no risk to your home.
You will also benefit from additional protection under the consumer credit act