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Hire Purchase with balloon payment

hire purchase with one significant distinction

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Hire Purchase with balloon payment is the same as the standard hire purchase with one significant distinction.

Part of the cars cost is deferred until the end of hire purchase period. This is known as a hire purchase "balloon payment".

One key characteristic of a hire purchase balloon payment agreement is that the monthly repayments will be lower. This offers you the chance to choose a higher specification car.

At the end of the hire purchase contract, you can either make the hire purchase balloon payment to own the car outright, refinance, part-exchange or sell privately to pay off the loan.

We move quickly

most aggressively priced car hire purchase packages

Contact finance prestige car We offer an extensive of hire purchase packages, flexible, affordable solutions, that are tailored to your requirements.

Once we have all the information we need (and subject to terms and conditions) the car could be with you inside 24 hours.