HP Finance
Hire purchase is a simple and very popular way to finance the purchase of your new vehicle and offers a flexible approach to buying a new or used vehicle. You tell us your deposit (we can also take a part exchange vehicle as a deposit) and how long you want to take an agreement over and we can quote you a monthly figure based on the amount you are borrowing and the term of the loan. At the end of the agreement you own your car. HP is most suited to people who want long term ownership of a vehicle. Alternatively, tell us what you'd like to keep your monthly payments to and we can advise you on amount of deposit and length of term
In simple terms you will:
- Pay your agreed deposit.
- Choose your agreed term (12 - 60 Months) and repay the balance over this period with a fixed monthly payment
- At the end of the contract subject to all payments having been made (including a final fee where applicable) the vehicle is then yours to keep, sell, or trade in for a new one.
HP is a very popular means of purchasing a new or used vehicle of your choice and here at The Car Bank we are equipped to offer all of our customers the choice of some of the UK's leading finance provider through which to finance their vehicle.
When it comes to financing a new or used vehicle then there is no better way than to choose The Car Bank!!