Hire Purchase (HP)
Hire Purchase (HP) is a finance option offered by Hendy Honda.
There are many benefits to choosing Hire Purchase as your finance option:
- Flexible deposit options, 0% deposit may be available subject to status (includes part exchange)
- Set fixed payments to suit your budget
- Interest rate fixed and competitive
- Pay over chosen period 1 to 5 years
- Available on cars up to 10 years old at start of agreement
- No mileage restrictions
- Protection under Consumer Credit Act
- Quick and easy to arrange
- Ideal if you wish to own the vehicle at the end of the agreement
- No early settlement fees
- You can borrow any amount from £1,000 to £250,000
Please note the car will be used as security for the loan, just as a house is for a mortgage.