Hire Purchase

Flexible deposit, fixed or variable interest rates and ownership of the vehicle

You pay a deposit. (The actual amount is negotiable). All remaining costs including payments are repaid by your monthly payments.

You can also choose from fixed or variable interest rates.

Benefits for you:

• Ownership of vehicle
• Flexible deposit
• Repayments over a fixed period
• Fixed or variable interest rates
• Payments not subject to VAT
• Interest may be allowable against taxable profits  
• Writing down allowances are claimable
• Vehicle appears as an asset on your balance sheet
• An additional line of credit
• Repayments in advance or arrears