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Used Prestige Car Hire Purchase

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At Saxton 4x4, we understand that investing in a premium 4x4 or luxury vehicle represents a significant commitment. That's why we offer a flexible and straightforward finance option through Hire Purchase (HP) to help you own your dream car.

What is Hire Purchase?

Hire Purchase is a simple and traditional way to finance your car. This method allows you to pay for the car in monthly instalments over an agreed period. Once all payments are completed, you become the full owner of the vehicle.

Benefits of Hire Purchase

Fixed Monthly Payments: With HP, you benefit from the certainty of fixed monthly payments, simplifying your budgeting process. This predictability is particularly valuable for individuals who prioritise financial planning and stability over time.
Flexible Terms: The ability to customise the length of your agreement, typically between 1 to 5 years, provides significant flexibility in luxury car HP finance. This adaptability makes it easier to align your finance plan with your personal and financial circumstances, ensuring that the commitment fits comfortably within your budget.
Ownership: the ability to customise the length of your agreement, typically between 1 to 5 years, provides significant flexibility in luxury car HP finance. This adaptability makes it easier to align your finance plan with your personal and financial circumstances, ensuring that the commitment fits comfortably within your budget.
No Mileage Restrictions: HP stands out for its absence of mileage restrictions, a key advantage in SUV HP finance. This benefit is crucial for drivers who need the freedom to travel extensively without worrying about exceeding a limit and facing potential penalties.


How Does Hire Purchase Work?

Deposit: The process starts with a deposit. The amount can vary, but it's usually around 10% of the car's value.
Monthly Payments: The remaining balance plus interest and fees is divided into equal monthly payments over the agreed period.
Ownership: Once all the payments are made, the car is yours.

At Saxton 4x4, our team of finance experts is dedicated to guiding you through every aspect of your Hire Purchase agreement, ensuring you understand the nuances of prestige car HP finance. We're committed to providing a smooth and hassle-free car-buying experience.

Visit our dealership today or browse our online inventory to find your perfect car. With Saxton 4x4, we're not just selling cars; we're making dreams a reality, one Hire Purchase finance agreement at a time.

Frequently Asked Questions

Yes, Hire Purchase (HP) finance is worth considering for its straightforward approach to car ownership, especially for premium vehicles. It offers fixed monthly payments and no mileage restrictions, making it ideal for those who prefer predictability and plan to keep their car long-term.

Yes, you can end your HP finance early by settling the remaining balance. Contact your finance provider for a settlement figure, which includes the remaining payments and possibly additional fees, allowing you to own the car outright ahead of schedule.

Choosing between HP and PCP depends on your financial situation and ownership preferences. HP leads to outright ownership with consistent monthly payments, suitable for those wanting to keep their car without a final balloon payment. PCP offers lower monthly payments with a balloon payment at the end, ideal for regularly changing cars.

HP finance suits individuals seeking a clear path to car ownership, especially for high-value vehicles. If you value fixed monthly payments, a straightforward finance agreement, and aim to own your car without concern about mileage limits, HP could be the right choice.

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