Hire Purchase

Read why a Hire Purchase could be the ideal way for you to buy a new or used Fiat from Wilsons.

Hire Purchase is flexible and cost-effective. Similar to a personal loan, you make monthly payments over an agreed period of between 12-60 months with a set level of interest. When you repayments are finished, you own the car.

Want to know more? Watch the video:

Hire Purchase

Start using your vehicle straight away once your Hire Purchase agreement is in place. Hire Purchase is flexible and cost-effective. Similar to a personal loan, you make monthly payments over an agreed period of between 12-60 months with a set level of interest. When your repayments are finished you own the car.

No penalties or extra charges if you pay off your Hire Purchase earlier than planned,

Want to know more? Watch this video:

It's easy to adjust the deposit amount and the agreement length to suit your needs – you may even find a zero deposit deal available. Typically a term lasts between 12 and 36 months, with an instalment due on the same day every month. The payment amount and your interest rate will both be fixed, so you've no nasty surprises.

The vehicle you choose becomes the security for your finance agreement so Car Hire Purchase doesn't affect your credit file like other forms of credit may do. However, it does also mean that, if you don't keep up your payments, then the car could be repossessed and you may still be
liable for the outstanding balance.

Whilst the agreement term is running, you are not allowed to sell the vehicle or get rid of it.

Benefits

  • Other credit requirements are not affected as the loan is secured on the vehicle
  • Fixed interest rates and monthly payments
  • Low and zero deposit deals available

You gain many advantages such as receiving a reduction on interest in the event of settling
early. Personal loans often incur penalties for early settlement.

How Hire Purchase works

  1. Choose a deposit that suits your budget
  2. Select a comfortable number of instalments and monthly payment
  3. At the end of your instalments you own the car

Find out more, get a quote or apply now: Call Wilsons on 0844 244 7100 or fill in the form…