Hire Purchase
How Hire Purchase (HP) works
Hire purchase (HP) is the traditional way of purchasing a van. With a hire purchase agreement you make fixed monthly payments which depend on the deposit paid, the price of the van and the length of the contract. And at the end of the hire purchase contract the van will be yours.
Benefits of Hire Purchase
- Ownership with 'write down' allowance
- Minimum of VAT as deposit
- No mileage restrictions
- No damage clauses
- No extended tie-in periods
- Up to 5 years to pay
- Optional final 'Balloon' payment
- Ability to upgrade early
Please call a member of our van leasing team to see if a hire purchase agreement is your best vehicle leasing option.
