Traditional finance - you own the vehicle at the end
Hire Purchase is a traditional form of finance where you pay a deposit, followed by fixed monthly payments of capital plus interest. Part of the balance can be deferred until the end as a final balloon payment. The vehicle is yours to keep when you have made the last payment.
- Both new and used vehicles
- Competitive APRs
- You own the vehicle at the end
- Fixed monthly payments mean easier budgeting
- Additional credit line
- Business users can claim Capital Allowances despite title not passing until the final payment has been made
- Interest allowable against taxable profit
If you have found your own vehicle or have chosen one from our website (most of our offers will also be excellent value on hire purchase) please complete our Quotation Request Form.
What next?
If you require a full explanation or help and guidance on any of the above you can phone us on 01908 262662 to speak to a member of staff. Alternatively, contact us for the Webvans Comprehensive Guide to Vehicle Funding.
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