What Is The Benefit Of Choosing A Hire Purchase Agreement?

An agreement of this type enables you to pay the value of your vehicle over a period of time, rather than paying this in one lump sum. Other benefits include, paying fixed monthly payments, meaning you can still budget effectively without experiencing any surprise increases. When the agreement ends, you will own the vehicle outright without any extra ‘balloon’ payments.

Providing your credit is good, you will also pay less interest on the HP agreement, saving money overall.