Car Hire Purchase from IFA Car Finance
Hire purchase is the traditional method of buying a motor vehicle. You simply choose how much deposit you would like to pay toward your car. This might be a cash deposit or the value of your part exchange and repay the outstanding balance over a period of 1 to 5 years. We are often able to arrange finance with no deposit depending on your individual/company circumstances.
When you make the last payment the vehicle becomes yours. This is very similar to a bank loan but with the added advantage that you can choose to part exchange your vehicle at any time and simply take out a new car loan to replace your currently agreement.
One of the most important benefits of using Hire Purchase versus a bank or personal loan is that the motor finance company registers your vehicle on the Hire Purchase Index. This means that should your car be stolen it cannot be used for a loan as the finance company is already registered as the legal owner and the Police will be aware of this.
We are confident that we will be able to beat any quote that you may be offered, plus all our clients are guaranteed to benefit from a reduced settlement figure when changing vehicles.
Apply online Now or alternatively if you would prefer to speak to someone in person then give us a call and we can quickly tell you if we can save you money on your Hire Purchase Deal. Call now on 0845 652 1746