What is HP?

Hire purchase (HP) is an affordable way to buy a vehicle as it allows you to pay a deposit, and then make monthly payments to pay off the remaining amount.

You’ll be the registered keeper of the vehicle and responsible for insurance, servicing and maintenance, but the finance company will be the legal owner of the vehicle until the outstanding finance (including interest and fees) is paid off.

Learn more about finance

Finance type	HP
Monthly payments	£330.56
Term	60 months
Contract Length	60 months
Cash price	£13,995
Cash deposit	£1,399.50
Total amount of credit	£7,238.10
Total amount payable	£19,833.60
Representative APR	21.4%
Fixed rate of interest pa	21.4%

What is HP?

Hire purchase (HP) is an affordable way to buy a vehicle as it allows you to pay a deposit, and then make monthly payments to pay off the remaining amount.

You’ll be the registered keeper of the vehicle and responsible for insurance, servicing and maintenance, but the finance company will be the legal owner of the vehicle until the outstanding finance (including interest and fees) is paid off.

Learn more about finance

Finance type	HP
Monthly payments	£374.37
Term	60 months
Contract Length	60 months
Cash price	£15,850
Cash deposit	£1,585.00
Total amount of credit	£8,197.20
Total amount payable	£22,462.20
Representative APR	21.4%
Fixed rate of interest pa	21.4%

What is HP?

Hire purchase (HP) is an affordable way to buy a vehicle as it allows you to pay a deposit, and then make monthly payments to pay off the remaining amount.

You’ll be the registered keeper of the vehicle and responsible for insurance, servicing and maintenance, but the finance company will be the legal owner of the vehicle until the outstanding finance (including interest and fees) is paid off.

Learn more about finance

Finance type	HP
Monthly payments	£330.65
Term	60 months
Contract Length	60 months
Cash price	£13,999
Cash deposit	£1,399.90
Total amount of credit	£7,239.90
Total amount payable	£19,839.00
Representative APR	21.4%
Fixed rate of interest pa	21.4%

What is HP?

Hire purchase (HP) is an affordable way to buy a vehicle as it allows you to pay a deposit, and then make monthly payments to pay off the remaining amount.

You’ll be the registered keeper of the vehicle and responsible for insurance, servicing and maintenance, but the finance company will be the legal owner of the vehicle until the outstanding finance (including interest and fees) is paid off.

Learn more about finance

Finance type	HP
Monthly payments	£330.65
Term	60 months
Contract Length	60 months
Cash price	£13,999
Cash deposit	£1,399.90
Total amount of credit	£7,239.90
Total amount payable	£19,839.00
Representative APR	21.4%
Fixed rate of interest pa	21.4%

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