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Home // Car Finance // Car Hire Purchase
// // PRINT

This is a simple, traditional way of funding your new vehicle. It involves fixed monthly payments over a period of anywhere between 12 and 60 months. Once all payments have been made the vehicle is yours.




Benefits to you:

  • Leaves other credit requirements undisturbed as the loan is secured on the vehicle, leaving your money free for future opportunities
  • Fixed interest rates and monthly payments
  • Low and zero deposit deals available
When considering your loan options, it’s worth remembering that your bank and other direct lenders are not as tightly regulated as car loan lenders. A key advantage to this is that you’ll benefit from a reduction on interest in the event of you wanting to settle early on a car loan - very rare on a personal loan.



Alternative finance options

You can also apply for Personal Contract Purchase which is an alternative method
of finance for buying a car.

Want to know how much you can borrow?

Use our Car Finance Calculator to work out how you can borrow.



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