Understanding Hire Purchase

Hire Purchase is a hassle-free way of owning your next vehicle, giving you fixed monthly repayments so you can better manage your budget.

You simply put down a deposit and select an agreement period – between one and five years – then we work out your fixed monthly repayments, adjusting the agreement period term, as necessary, until we get to a monthly repayment that suits you.

When you make your final payment, which may include an option to purchase fee, the car’s all yours.

Advantages of Hire Purchase

• Quick and easy to arrange
• Fixed monthly repayments to suit your budget
• Flexible payment terms from 1 to 5 years
• You own the car at the end of the agreement

Speak to an advisor today

Our central funding team is on hand to provide you with expert advice on the best way to finance your next new or used car with Listers.