Hire Purchase (HP) allows you to buy a car by paying an upfront deposit and then repaying the remaining balance in fixed monthly instalments. The vehicle remains secured to the finance agreement until you make the final payment, at which point ownership transfers to you.
Choose the duration that fits your budget—shorter terms mean quicker ownership; longer terms mean lower monthly payments.
With a fixed interest rate, your payments remain consistent throughout the term, helping you budget confidently.
Typically, only a modest initial deposit is required, making HP accessible and straightforward.