Like our traditional HP (Hire Purchase) product, you can spread the cost of the vehicle by paying fixed monthly instalments with terms up to 48 months.
This product has a balloon payment at the end, which can make the monthly payments lower than our traditional Hire Purchase (HP) product.
When you have paid off the finance agreement, as well as the final balloon payment or Guaranteed Minimum Future Value (GMFV), the vehicle becomes yours.
Alternatively, you can return the vehicle to the lender or use it as a part exchange against your next vehicle, subject to dealer acceptance.
Please be aware that there may be some additional charges if you have exceeded the mileage limit set out in your agreement, or if damage to the vehicle has occurred.