Our specialist motor finance team, consisting of Krish Appiah and Jessica Peaks, recently finalised a Hire Purchase (HP) finance deal for a Mercedes-Benz G-Class G400d, also known as the G-Wagen. The total value of this finance arrangement amounted to £115,195!
Leveraging our extensive 125+ lending panel, Krish and Jess skill fully crafted an HP Finance Deal for the client. The deal comprised of an initial deposit and 48 manageable monthly payments, with the added flexibility of an optional balloon payment at the conclusion of the agreement.
One of the key advantages of this HP structure is the level of control it offers you over the agreement. You have the freedom to determine the deposit amount and the repayment term according to your preferences. Moreover, opting for HP enables you to become the proud owner of the car at the end of the contract. If desired, you can also choose to include an optional balloon payment, which reduces the monthly payment costs. Once the balloon payment becomes due, you will have access to further finance options, including the possibility of refinancing.
Information should be used as a guide only and is not guaranteed for every situation as the interest rates and residual values can fluctuate regularly. The figures provided were specific to the actual client on 04/07/2023. Subject to terms and conditions, as well as full underwriting, personal circumstances and client profile.
The reality of owning your dream car may be closer than you think! If you would like to discuss your options then please do not hesitate to get in contact with our specialist motor finance team at 01908 429888 or email at either email@example.com or firstname.lastname@example.org