Hire Purchase

Hire Purchase is perfect for those who want to own the vehicle, the vehicle title will be transferred into your name upon completion of all contractual payments. You will be responsible for the depreciation and disposal of the vehicle. 

By paying an initial payment, you have the ability to repay the balance over a number of affordable monthly payments. Once payments are completed a larger final payment can be made.   

This product is often used by businesses who plan to keep the vehicle for a prolonged period or are looking to have converted.

The lender purchases the vehicle and grants you permission to use it while making payments, after which you will fully own the vehicle.