Krish and Jess were able to use our comprehensive 125+ lending panel to be able to set up a bespoke Hire Purchase finance agreement, which consisted of an initial deposit, followed by 48 affordable monthly payments with an optional balloon payment at the end of the agreement.
The benefit of this HP structure is that it allows you to have complete control over the agreement as you can decide the deposit amount and the repayment term. HP also enables you to own the car at the end of the contract. An optional balloon payment can be added to the end of the agreement, which will cut the monthly payment costs if needed. Then further finance options can be available once the balloon payment is due including refinance.
Are you looking for your dream car? Get in contact to discuss your finance options with our specialist motor finance broker Krish Appiah on 01908 429888 or email him at Krish@approved-finance.co.uk.
Information should only be used as a guide only and is not guaranteed for every situation as the interest rates and residual values can fluctuate on a regular basis. The figures provided were specific to the actual client on 22/03/2023. Subject to terms and conditions, as well as full underwriting, personal circumstances and client profile.