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HIRE PURCHASE



At Approved Motor, we offer multiple finance products to help you find the best finance option for your personal situation. Another product we provide is Hire purchase (HP), which is a way to finance buying a new or used car. HP enables you to own the car at the end of the agreement. The product consists of a deposit, followed by monthly payments making up the remaining finance amount.


  • Set Monthly Payments: Making budgeting simple.

  • Assets: You own the car at the end of the agreement.

  • Tax Benefits: Tax allowances for business users.

  • Control: You decide the deposit amount and the repayment term.

  • Flexibility: No mileage restrIctions. Allowing you to free up personal or business cash.


Each person's situation is different but here at Approved, we are dedicated to finding you the best possible finance option. If you’re interested in Supercars and would like to further discuss your motor finance options then please contact one of our experienced finance brokers on 01908 429888 or email us at info@approved-finance.co.uk.


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