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Commercial Hire Purchase
If you want to use your car predominantly for business purposes, and wish to ultimately own your vehicle at the end of the agreement term, Commercial Hire Purchase may be the right solution for you.
This type of agreement provides you with a flexible and tailored option, requiring little or no deposit. Once you have decided on the vehicle of your choice, we can help you determine the most suitable term, taking into account the monthly sum you are planning to pay.
Monthly payments are then set for the entire contract term, giving you a reliable figure to plan your business spending, and structure your budget for the period of the agreement.
To reduce your monthly commitment you can either opt for a longer term or incorporate a balloon payment at the end of your contract.
Upon completion of the Commercial Hire Purchase agreement, and following your final payment, full vehicle ownership is transferred to you.
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